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OPL 227

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Owner: Express Petroleum & Gas Ltd

Shore Type: nearshore

Block Rights: OPL

In June 2008, Addax Petroleum Corporation was awarded a 40% interest in OPL227, offshore Nigeria. Addax Petroleum’s co-participants in the OPL227 licence area are Express Petroleum & Gas Company Ltd (“Express”), Petroleum Prospects International Ltd (“PPI”) and Niger Delta Petroleum Resources (“NDPR”), which are all indigenous Nigerian oil companies. The OPL227 licence area is located in the shallow water offshore of the western Niger Delta Basin.

Working Interests

Addax Petroleum | 40.000%

*Express Petroleum & Gas Ltd | 39.000%

Petroleum Prospects Int. | 15.000%

Niger Delta Exploration & Production (NDEP) | 6.000%

Oil Fields

Field Name

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Updates

Addax Awarded 40% Interest in OPL 227

12th June, 2008

hexgear

In June 2008, Addax Petroleum Corporation was awarded a 40% interest in OPL227, offshore Nigeria.

Source: http://www.petroleumafrica.com/addax-farms-into-in...

OPL 227 Granted to Express Petroleum

1st November, 1995

hexgear

Express Petroleum, granted OPL 108 and 227 for 20 years on November 1, 1995, has as directors Ahmadu Rufai Dantata, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as chairman.

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

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