$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

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