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Devon sells OPL 256 Interests to Sonangol

1st January, 2008

hexgear

Sonangol remained a sleeping partner until 2008 when Devon put all of its acreage in Africa up for sale. Thanks to Andy Uba, Sonangol made an offer for all of OPL 256 via China Sonangol. It now operates the license, in which the Nigerian Petroleum Development Company (NPDC), the E&P affiliate of state owned NNPC, also holds a stake.

Asset: OPL 256 Source: https://www.causes.com/causes/...

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