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Exploration News in Nigeria

Lekoil Provides Update on OPL 310 Licence
5/14/2019 - Lekoil, the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces that further to the announcement, of 28 March 2019, the Company advises th...
Application for a Declaration Regarding Ministerial Consent
3/28/2019 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, provides an update on OPL310 (the "Block") with reference to the Company's Application for a Declaration...
Shell, Eni Face $1.1 Billion Nigerian Lawsuit Over 2011 Deal
12/13/2018 - The government of Nigeria is suing Royal Dutch Shell Plc, Eni SpA and other companies for more than $1 billion over a 2011 oil deal it says was tainted by corruption. ...
Yinka Folawiyo Petroleum's OML 113 Licence Offshore Nigeria Renewed for another 20Y
8/24/2018 - MXO plc, an oil and gas investing company listed on AIM, is pleased to announce that the operator of the offshore licence in Nigeria, OML 113, in which it has an investment, has received consent from ...
COPL Reports 2017 Year End Results
3/22/2018 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on offshore Africa, announces its results for the year ending December 31, 2017. ...
Nigeria to Continue Oil Exploration in Lake Chad Basin Despite Kidnapping
7/31/2017 - Nigerian scientists will continue to search for oil in the restive Lake Chad Basin region despite a kidnapping of some researchers by suspected Boko Haram members, a university and state oil firm NNPC...
ERHC Energy Signs MoU with Starcrest Energy Nigeria
1/19/2017 - ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, announced the signing of a Memorandum of Understanding (MOU) with Starcrest Nigeria Energy Limited. ...
Nigeria's NNPC Partners with Schlumberger for Exploration
1/13/2017 - Nigeria's state oil company said it will partner with oilfield services company Schlumberger in exploration and reservoir management. The partnership aims to find commercial hydrocarbon deposits in th...
NNPC Awards 2017 Crude Oil Term Contracts to 39 Companies
1/3/2017 - State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said. The contracts covering about 1.31 million barrels per day (bpd...
Nigeria, Niger Republic Strengthen Collaboration on Chad Basin
11/3/2016 - The Nigerian National Petroleum Corporation (NNPC) is to collaborate with the Republic of Niger in the area of sharing of geological data to further boost the ongoing exploratory activities in the Cha...
Nigeria's NNPC Says on Verge of Oil Find in Lake Chad Area
11/8/2015 - Nigeria, Africa's biggest crude oil producer, may be "on the verge of a significant oil find" in the Lake Chad area of the northeast, NNPC managing director Ibe Kachikwu was quoted as saying in a stat...
Lekoil Provides Otakikpo Marginal Field Project Update
12/16/2014 - Lekoil provides an update on its progress on the Otakikpo Marginal Field in oil mining lease (OML) 11, offshore Nigeria, adjacent to shoreline in the eastern part of the Niger Delta. ...
Newcross Petroleum Announces Discovery at Efe-1ST in OPL 283
10/26/2013 - Nigerian independent, Newcross Petroleum, operating on the margins for the past nine years, has broken into the mainstream of the country’s oilfield activity. ...
Afren Finds Significant Oil Discovery Offshore Nigeria
6/26/2013 - Afren plc announces that the high impact Ogo-1 well located on the OPL 310 licence offshore Nigeria has discovered a significant light oil accumulation, based on the results of drilling and wireline l...
Nigeria to Hold Licensing Round by Year-End
10/23/2012 - Nigeria will hold an oil exploration bidding round before the end of the year, while licence renewal talks with Shell and Chevron over existing onshore fields are in their final stages, the oil minist...
Shell Says Appetite for Nigeria Exploration Waning
2/21/2012 - Attacks on oil pipelines, a dearth of funding from the state oil firm and regulatory uncertainty have dampened appetite for exploration of Nigeria's huge oil and gas reserves, its biggest producer Roy...
Afren Announces New Oil Discovery Offshore Nigeria
Afren Announces New Oil Discovery Offshore Nigeria 1/17/2012 - Afren plc announces that the Okoro East exploration well, offshore south east Nigeria, has made a new oil discovery having encountered 549 ft true vertical thickness (TVT) of net oil pay and 41 ft of ...
Mart Identifies 260ft of Cumulative Oil Pay on UMU-9
12/20/2011 - Mart Resources, Inc and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited, are pleased to provide the following update on the UMU...
MIRA Provides Operational Update of Tom Shot Bank 1
11/21/2011 - Mira Resources Corp. ("Mira") and its wholly owned subsidiary Equinox TSB Development (Nigeria) Limited announce an operational update on re-entry and testing program for Tom Shot Bank 1 well ("TSB1")...
New Oil Discovery in Nigeria's Offshore OML 102
11/7/2011 - Total announced that its subsidiary Total E&P Nigeria Ltd. (TEPNG) has made a new oil discovery in the southeastern corner of Oil Mining Lease (OML) 102 in Nigeria. The discovery is located 65 kilomet...

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