Erin in Nigeria find, Lekoil in survey
Nigeria Nigeria Erin Enery Pacific Bora
The news came hours after Erin Energy said it had struck about 25.5 metres of oil deposits in the Oyo-NW deepwater well in OML 120 offshore Nigeria.
“These results are very encouraging and support our technical team’s evaluation of the prospectivity of the Miocene and have significantly derisked the other major Miocene prospects in blocks 120 and 121,” CEO Femi Ayoade said in a statement.
“We will move quickly to appraise the discovery. The Miocene is the most prolific producing zone offshore Nigeria, and the presence of these hydrocarbons is a significant step forward in unleashing the value of the Miocene formation in our blocks.”
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