h޴Smk�0�+�qct�%K���N} uX!TGKl����4�}��sң�κ@@!�h9��� �E���.��@R��$�~(���6����~�x��8.�Ӕ�ͬ4���2p�>���Ap�d� NPDC hands over OML 30 to new operator; Heritage Oil Mar 28, 2017 The Nigerian Petroleum Development Company (NPDC) has handed over Oil Mining Lease (OML) 30 to new operator, Heritage Oil, Vanguard reports. 0 Heritage Oil Plc , an independent upstream exploration and production company, issues an update regarding production levels in OML 30, Nigeria. �@���`/��h`�``� Q `���;��@�8���b�L�����h ���`ϙinN�� �^185��dx��r6k�b�9���W��E��C$L��|Ҍ@�ı�z��� ��p� Year to date production from OML 30 has averaged approximately 15,600 bpd net to Heritage, 17% higher than in Q4 2013. There is a lot of positive things to say about Oil Mining Lease (OML) 30, Nigeria’s second largest onshore Oil & Gas asset, located in the Niger Delta, about 35km East of Warri. Heritage farmed-in to licences onshore Papua New Guinea in 2013 and now has four licences. Seismic was acquired earlier in the year across the Tuyuwopi structure on PPL 319 confirming a drilling location and plans are underway to drill the prospect in 2014. endstream endobj 139 0 obj <>stream The company announced that it had reached agreement to acquire a 45% participating interest in producing oil mining lease OML 30 in the Niger Delta. In an operational update released yesterday, the company said year-to-date production from OML 30 had averaged approximately 15,600 barrels of oil per day (bopd), about 17-per cent greater than the fourth quarter of 2013 production. h�bbd```b``��!  OML 30 is one of a number of licences that have been divested in the Niger Delta recently  OML 30 has been referred to as the premier asset due to location, reserves, current production, availability of facilities and proved development capability  Attractive acquisition cost of US$1.7/2P reserves versus average of US$5.9 for precedent transactions  Significant discount compared to similar recent … is a versatile organisation with a portfolio of quality assets managed by a highly experienced team with excellent technical, commercial and financial skills. By continuing to browse this site you are agreeing to our use of cookies. OML 30 lies onshore the Niger Delta in one of the most prolific oil provinces in the world and includes eight producing fields with oil and gas contained in numerous stacked reservoirs.Â. The licence covers 1,097 square kilometres and includes eight producing fields with oil and gas contained in numerous stacked reservoirs. Find 12 listings related to Heritage Apartments in Northborough on YP.com. Material corporate transactions undertaken in 2012 provided a balance to the portfolio with assets that include significant production and reserves. The licence covers 1,097 square kilometres and includes eight producing fields with oil and gas contained in numerous stacked reservoirs. Heritage Oil Plc, an independent upstream exploration and production company, issued an update regarding production levels in OML 30, Nigeria. Heritage typically focuses on regions which may have been overlooked and where it can participate as an early entrant. Find out more from our Cookie Policy. In a media parley over the weekend, Shoreline Natural […] Heritage Oil appoints Michele Faissola to its Board. The OML 30 was shut down barely a week ago by the host communities following what they described as unabated operational misconduct and deliberate refusal by the firm to implement … In Tanzania a comprehensive drilling logistics study continues on the Rukwa licence with drilling slated to commence in 2014. In its interim management statement for the period from January 1, 2014, to May 15, 2014, published on… Gross production from OML 30 has returned to rates of over 35,000 bopd and all of the key fields are in production. �b� In July 2014 Heritage expanded its portfolio and was awarded two high impact exploration licences in offshore Ghana. The Company has producing assets in Nigeria and Russia and exploration assets in Tanzania, Papua New Guinea, Ghana, Malta and Libya. hެ�Qr� `y���܀����*U�d�B����>|�@����C���i� ճ�PP�����]�. Heritage Oil Plc is to acquire a significant stake in OML 30. h޴��N�0��~�=R�^��4*��`�� endstream endobj 142 0 obj <>stream %%EOF The joint venture company Shoreline Natural Resources Limited (“Shoreline”), created in partnership with Nigerian company Shoreline Power, has established an indigenous company which will provide a platform for further growth within the country. In addition, it will also acquire a 45% interest in other assets that form part of the deal for a total investment of US$850 million. The United Kingdom-listed Heritage Oil has announced increased production from its Oil Mining Lease (OML) 30 concession, onshore Nigeria. The House of Representatives has mandated its committee on Petroleum Resources (Upstream) to investigate the leasing of Oil Mining Lease 30 (OML 30) to Heritage Oil. More recently Heritage has farmed into PPL 337 and PPL 437 where the work programmes are expected to progress quickly with wells slated for 2014. 150 0 obj <>/Filter/FlateDecode/ID[<09BB6C7F5E6CF9458748403777841AB0>]/Index[135 24]/Info 134 0 R/Length 86/Prev 1281859/Root 136 0 R/Size 159/Type/XRef/W[1 3 1]>>stream There is a cold war brewing between the management of Heritage Energy Operational Services Limited and indigenous contractors operating in Trans Forcados Pipeline/ UPS right of way in OML 30 over the former’s decision to cancel all surveillance contracts entered into with the indigenous contractors. OML 30 in Nigeria’s Niger Delta saw its production increase according to one of the partners on the acreage, Heritage Oil. This website uses cookies. By Egufe Yafugborhi. Â, Sign up for alerts or give us feedback on our website, Go to Email Alerts Go to Feedback FormÂ. $$''$$53335;;;;;;;;;; %% ## ((%%((22022;;;;;;;;;;�� P �" ��? Ovedhe Hezekiah – Warri . Find out more from our Cookie Policy. OML 30 is located onshore in the Delta region, less than 30km east of Warri in Southern Nigeria. OML 30 lies onshore the Niger Delta in one of the most prolific oil provinces in the world and includes eight producing fields with oil and gas contained in numerous stacked reservoirs. Heritage Energy Operational Services Limited (HEOSL), the operator of OML 30 in Delta State, has reaffirmed its continued commitment to a mutually beneficial relationship with OML 30 host communities. ���� Adobe d� �� � ,� Dr��H�t�.S0i�=$���_E�L@��������i� 9# The OML 30 was sold to Heritage Oil, alongside its partner Shoreline Energy limited, a subsidiary of Shoreline Power. OML 30 achieved record peak production since acquisition, of over 60,000 bopd in August 2014 2014 average production from OML 30 net to Heritage of 9,654 bopd (68.25% unreconciled) and net production from Russia of 566 bopd (95%) Work progressing on three onshore licences in Papua New Guinea with seismic acquisition and interpretation completed Governor Baker delivers State of Commonwealth address Read Governor Baker’s remarks on the State of the Commonwealth. ����3܃�]V��!��E�D�ՖE���S�1�N��8ʝ�XkK�G]=4/m�]5�Ԯi�>��Y^���1[�&�����0�l��c�_ ��� Heritage Oil. Through Shoreline, Heritage acquired an interest in OML 30, a world class asset. Tony Buckingham, the founder and CEO of Heritage Oil joined forces with Kola Karim of Shoreline Energy to purchase the OML 30. endstream endobj startxref .��*�Y��]N��hHѪ�μ)����������E�0vw-����Ga!=�f�s���91`��4]�"˦j�D]%k���>Z��i�����r(�y?U3jt! ��D2���% ��,� The fields are deltaic shallow marine shelf sands at intermediate depth. ��J�>㐦�C)�����{%�Nʧ���ho��ɔmr�)��� There has been ongoing community protests at Oil Mining Lease (OML) 30, Nigeria’s second largest onshore oil & gas asset, located in the Niger Delta about 35km east of Warri. Women protesting at Kokori/ Orogun Oil field and Oil facilities at Erhioke-Kokori community. endstream endobj 141 0 obj <>stream This website uses cookies. United Kingdom-based Heritage Oil plc, an independent upstream exploration and production company, says production from its Oil Mining Lease (OML) 30 in Nigeria increased during 2013, achieving record gross production of over 50,000 barrels of oil per day (bopd) since acquisition. Amadhe stated that, Isoko host communities of OML 30 have been sidelined as Heritage management records indicate that, Isoko host Communities’ 65% oil production work force is 148 staff, other host communities’ work force is 221 staff while none indigenes from other tribes work force is … The acquisition will … Search for other Modular Homes, Buildings & … Get reviews, hours, directions, coupons and more for Heritage Modular Homes at 16 Harrington Ave, Shrewsbury, MA 01545. The Oil Mining Lease, OML 30 operated by Heritage Energy Operational Services Limited, HEOSL has remained shut by the host communities in Isoko South Local Government of Delta State, NewsNet reports. The asset portfolio provides both geographical and operational diversification. �X ����@�SF�{}� ��>��xv2V�3�HI2���z�31N��ܰ���Q�8s}�N���%sER*!�r풹j����á�7 ��xN��1��ou`����C�������FS���k��04.۫��K��1�h��~��n������e��E8����IA���?��n�]$�I���I%)$�IJI$�R�I$���I%)$�IJI$�S��$�/��Y�Ν~ J�����EE�vWUG�i o�$��`����Ϯ�T2���?��� �9���{�� ��ož�f.0è�S^����w]{��{7o�����M,3�v�a\&k�y8��;6�5���֠�� i�����}$�I6T�I$�$�I)I$�JRI$���I$�$�I)I$�J�� It has been drawn to our attention that some individuals have been offered jobs by entities which suggest (incorrectly, through the fraudulent use of our website and other means) that they have a connection with Heritage Oil Limited or its affiliates. Heritage said the OML 30 deal would increase its net production to around 11,350 barrels of oil per day (bopd) from 605 at present.
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