Joint Venture/ Partnership Oil Block (OML55) Available in Nigeria. Only for Serious investors. See full details below: Oil Block OML 55 Available For Joint Venture/ Partnership. INVESTMENT SUMMARY Dear Investor We are looking for potential investor (s) to partner with our client to invest in the development of (OML 55). Field is located in OML 55 in the Swamps of the Niger Delta Region (Rivers State) of Nigeria. Field was awarded to our client long before the other remaining fields in the Block, namely Robertkiri, Inda and Idama were sold by Chevron to Belema Oil/Seplat in 2013. The Field located in Oil Mining License (OML) 55 is a good investment opportunity that your Group may consider investing and being part of. We are looking for an investor who could invest up to $100 million for 30% interest in the Field. The investor would be expected to invest up to $100 million investment for Minimum Work Programme for 30% interest in FIELD. The Field is expected to produce for 30 to 35 years and a total recovery of over 100 million barrels is anticipated. 60% of the net crude oil and gas ( i.e. less Royalty, Opex & Capex), won and saved from the K farm out area shall be made available to the Investor for its cost recovery and will continue until full recovery of its total investment into the asset. The balance 40% will be shared between our client, its Partner and the Investor in the ratio of their interest in the field. After the Investor has recouped his initial investment of about $100 million (or more), then arrangement will be made to enable the Investor continue to reap the benefits from the Field for the life of the Field. The Investor will be expected to be part of the Field project for the entire life of the field -- 30 to 35 years. It is likely that upward of 100 million barrels of oil will be recovered from the Field. There is also a high probability that we shall hit a large gas reservoir in the Field. There could be a possibility of buy-out for the Investor. Note: The investor pays 5% of USD$100 million as facilitators fee. Nobity Properties LLC. +2348036169280 +2348130988889 [email protected]More details
Rivers State is one of the 36 states of Nigeria. Its capital is Port Harcourt. It is bounded on the South by the Atlantic Ocean, to the North by Imo, Abia and Anambra States, to the East by Akwa Ibom State and to the West by Bayelsa and Delta states. Rivers state is home to many ethnic groups: Ikwerre, Igbo, Ijaw, Kalabari, Etche, Ogba, Ogoni and others.
The inland part of Rivers state consists of tropical rainforest; towards the coast the typical Niger Delta environment features many mangrove swamps.
Rivers state, named after the many rivers that border its territory, was part of the Oil Rivers Protectorate from 1885 till 1893, when it became part of the Niger Coast Protectorate. In 1900 the region was merged with the chartered territories of the Royal Niger Company to form the colony of Southern Nigeria.
Rivers State has one of the largest economies in Nigeria, mainly because of its crude oil. The State has two major refineries, two major seaports, airports, and various industrial estates spread across the state, particularly in the State capital.