Nigeria – São Tomé
American firm opens discussion on Nigeria-Sao Tome oil blocks
ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, is in discussions with the Nigeria-Sao Tome & Principe Joint Development Authority (JDA), regarding the terms of a new Production Sharing Contract.....
Nigeria – Sao Tome joint oil zone unproductive 15 years after
The commercial viability of over 500 million barrels of crude oil reserves stranded in the Nigeria – São Tomé and Príncipe Joint Development Zone (JDZ) remain uncertain, as the region is yet to produce its first oil 15 years after discovery.