$15,000,000
STP-Nigeria JDZ Blocks 2, 3 and 4
ERHC is looking for large independent or Majors to assist in exploration of their deep water blocks. The blocks are undrilled but have good seismic coverage.
Details
Asset Name
: STP-Nigeria JDZ Blocks 2, 3 and 4
Ref
: AF-STP-B234
Continent
: Africa
Country
: STP-Nigeria JDZ
Location
: Offshore
Project Phase
: Exploration
Latitude
: 1.98
Longitude
: 7.95
License Start
: 2003
Operator
: ERHC Energy Inc
Other partners
: None
Farmout company
: ERHC Energy Inc
Work Programmes
: Drilling
Back Costs
: $100,000 - $1m
Equity Offered
: 60 - 80%
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $15,000,000