Oil Mining Lease (Oml) 151

Oil mining lease (OML) 151 For Sale in Nigeria. We undertake to sell our total 100% equity outright to a ready and able Buyer. Take note that Signature Bonus have fully been paid. Vendor Price: $1.3b net (One Billion Three Hundred Million US dollars only). Take note: The procedures to follow for a successful closure is not Negotiable. Procedure for Closing the Deal Submission of loi including: Verifiable Proof of Funds (VPOF) with Authority to Verify. Buyer's company profile or cis of the Chairman/Managing Director (LOIs without vpof will not be entertained.) Upon verification, nda/ca will be signed and technical data shared. A face-to-face meeting with the seller to finalise commercial terms. Agency Letter of 10% directly from the Buyer; i.e, Buyer to pay 10% commission to both parties. Take note: Any loi written by an Agent other than the Buyer or his Attorney in regards to the above requirements will not be treated. Additional Information; It is offshore. Price is: $1.3B usd Net. Geological Report is ready. State of Location: Between Bayelsa and Akwa Ibom. (PSC Shallow waters). Geological Report: Available and up-to-date. Reserves: Gross 2P Oil Reserves: 47.1 MMbbl Gross 2P Gas Reserves: 147.2 Bcf Gross Prospective Resources (P50): 2,791 MMboe License Validity: Expires 2036, renewable for an additional 20 years. Infrastructure: Access to nearby FPSOs, production platforms, processing facilities, and pipelines. Levies & Statutory Fees: Up to date. Any outstanding obligations will be settled by the seller prior to closing. The participation level of the government: PSC currently held by Operator. All the levies are up to date. If there is anything outstanding, seller will offset upon conclusion of negotiation. Data: other information would be made available by owner upon Buyer providing pof and during face to face negotiation.