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OML 34

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Owner: Niger Delta Exploration & Production (NDEP)

Shore Type: onshore

Block Rights: OML

OML 34

Working Interests

Petrolin International | 34.000%

Nigerian National Petroleum Corporation (NNPC) | 27.500%

NPDC | 27.500%

*Niger Delta Exploration & Production (NDEP) | 18.750%

FE&PDCL | 4.500%

Walter Smith Petroman Oil Ltd (WSPOL) | 3.750%

Oil Fields

Field Name

-

-

Updates

Shell Assigns OML 34 Interests to ND Western

5th September, 2012

hexgear

The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in Oil Mining Lease 34 (OML-34) in the Niger Delta to ND Western Limited. Total cash proceeds for Shell amount to some US$400 million.

Total E&P Nigeria Limited (10%) and Nigerian Agip Oil Company Limited (5%) have also assigned their interests in the lease, ultimately giving ND Western Limited a 45% interest.

Source: http://www.shell.com/global/aboutshell/media/news-...

OPL 34 Granted to Niger Delta Western

1st January, 2012

hexgear

Niger Delta Western was granted OPL 34 in 2012 with Olayiwola Fatona, David Richards, P.O. Balogun and T. Omisore as directors.

Source: http://www.thisdaylive.com/articles/of-nigeria-s-o...

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