Nigerian Oza project back on after funding

摘要

A re-entry well on the Oza feld in Nigeria can now begin after new funding. Canada’s Asian Mineral Resources bought out the interest held by Nigerian frm Decklar in the Millenium operated marginal feld. It has now privately placed enough shares to go ahead with the money to “be used to immediately proceed with the prepa- ration and operations for the re-entry of the Oza-1 well.”