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Famfa Oil Applies for OPL 216

1st May, 1993

hexgear

In May 1993 Alakija applied for an allocation of an Oil Prospecting License (OPL). The license to explore for oil on a 617,000 acre block – (now referred to as OPL 216) was granted to Alakija’s company, Famfa Limited. The block is located approximately 220 miles South East of Lagos and 70 miles offshore Nigeria in the central Niger Delta.

Asset: OML 127 Source: http://venturesafrica.com/the-...

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