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JDZ Nigeria-Sao Tome e Principe

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Last Post: 4/27/2021 10:25:23 AM - Followers: 94 - Board type: Premium - Posts Today: 0

The JDZ lies approximately 200 km. offshore Nigeria and is adjacent to areas offshore Nigeria where several large petroleum discoveries have been made. The JDZ was established in 2001 following ratification of a formal bilateral treaty between Nigeria and Sao Tome and Principe. The JDZ is administered by the Joint Development Authority.

This Board will be specifically limited to oil/gas companies that operate in the JDZ, Nigeria, and Sao Tome e Principe. Obo-1 has recently been drilled by Chevron with a 51 percent stake, along with partner ExxonMobil with a 40 percent equity holding, and Dangote Energy Equity Resources holding the remaining balance. ERHC Energy, Inc. has Production Sharing Contracts in JDZ Blocks, 2, 3, and 4. Some other companies include: Afren, Addax Petroleum, A & Hartman, Centurion Energy, Equator, Foby Engineering, Hercules, Hyperdynamics Corp., MoMo Petroleum, ONGC Videsh Ltd., Pioneer, SNP -- China Petroleum & Chemical Corp., and Oriental Energy. It is very likely the list will grow!

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The Black Dot marks the spot of OBO-1 as updated per Oilphant's co-ordinates of 6/01/06.
The Blue Dot marks the possible spot of OBO-2 per various rumors and feedback to this board.
The Green dot marks the possible spot of OBO-3 based on information it was on the far west part of Block 1 near 3 & 4.

kownski = just west of JDZ054 next to Blk 4
magicatlast = near JDZ078
instructmba = just sw of JDZ079 where A and A-1 intersect

BLOCK Participants:
Block 1 (704 sq kms): (51%)=ChevronTexaco, (40%)=ExxonMobil, (9%)=Dangote Energy (Afren holds a 4.41 percent indirect net working interest in the JDZ Block 1 through a 49 percent equity interest in DEER). The JDZ Block-1 is located approximately 190 miles (300 kilometers) north of the city of São Tomé and approximately 125 miles (200 kilometers) from the city of Port Harcourt in Nigeria.

Block 2 (692 sq kms): (28.67%)=Sinopec, (22%)=ERHC, (14.33%)=Addax, (13.5%)=ONGC Videsh, (9%)=Equator, (5%)=MoMo Deepwater JDZ Limited, (5%)=Foby Engineering, (2.5%)=A & Hartman

Block 3 (666 sq kms): (51%)=Anadarko, (15%)=Addax, (10%)=ERHC, (10%)=Amber Petroleum (owns both MoMo Deepwater JDZ Limited and Equinox Deepwater), plus several Nigerian firms

Block 4 (857 sq kms): (38.3%)=Addax, (26.7%)=ERHC, plus (9.5%) Dana Gas PJSC who is for $1.02B buying out Centurion's 9.5%, which bought out Hercules which envolved a (0.5%) to an unnamed third party, while Conoil may have 20% and Godsonic 5% which all total the full 100 percent of this block.

Block 5 (1091 sq kms): (15%)=ERHC, plus other unknowns
Block 6 (588 sq kms): (15%)=ERHC, plus other unknowns
Block 7 (1286 sq kms): withdrawn
Block 8 (822 sq kms): withdrawn
Block 9 (1723 sq kms): (20%)=ERHC, plus other unknowns
Total all Blocks: 8,429 sq kms

This is the TDI-Brooks' 06-27-03 JDZ Piston Core & Heatflow map. For more info look up 2003 Nigeria São Tomé & Príncipe JDZ Consortium Program at: http://www.tdi-bi.com/our_programs/west_africa/west-africa_main.htm

Deepwater Discovery per RIG update March 31, 2006 is under contract until Aug-06 at $165K USD Dayrate with client CVX who has recently reported successful drilling in 1,720 meters of water in Block 1 in the JDZ. The area is thought to hold billions of barrels of oil. Oilphant can been seen in the background trying to chase her down as she's underway to drill the next hole.

Deepwater Pathfinder is looking alot like Deepwater Discovery.

Aban Abraham is looking like the real deal to begin drilling up to 5 firm and 5 optional wells at a $410,000 max daily rate.

H E L P F U L L I N K S :

JDA Main Site: http://www.nigeriasaotomejda.com/

JDZ Treaty: http://www.juristep.com/stpfile/legis/
Business Aspects: http://www.miranda-lawyers.com/publications/presentations.asp
Analysis of JDA Model: http://www.juristep.com/artigos_/

GLOSSARY of selected oil and gas terms:

US Dept of State info: http://www.state.gov/r/pa/ei/bgn/5434.htm
CIA FactBook Nigeria:http://www.odci.gov/cia/publications/factbook/geos/ni.html
Sao Tome und Principe: http://www.sao-tome.com/englisch/index.htm

Oil news: http://www.africaintelligence.com/aem/default.asp
Oil news: http://www.eisnigeria.com/news.htm
Oil news: http://www.energyme.com/newsfeed.php
Oil news: http://www.oilonline.com/news/headlines/
Oil news: http://wn.com/s/oilprices/index.html instructmba's favorite
Oil news: http://www.oilvoice.com/m/regionhome.asp?region_ID=7
Oil news:http://www.ogj.com/index.cfm
Oil news: http://www.petroleumafrica.com/
Oil news: http://www.rigzone.com/
Oil news: http://www.topix.net/world/sao-tome-and-principe
Oil news: http://www.upstreamonline.com/
Oil news: http://news.yahoo.com/fc/Business/Oil_and_Gas
VANGUARD: get Nigerian news here: http://www.vanguardngr.com/index.html
African News: http://allafrica.com/whoweare.html

Oil articles:
PWC Oil & Gas in Africa 22 pages: http://www.pwc.com/za/ENG/pdf/pwc_OilandGasPublicationIIII.pdf
Peak Oil Primer: http://www.hilltoplancers.org/stories/hirsch0502.pdf
See Section 7 on STP: http://www.afrika.no/noop/file.php?id=10517
São Tomé e Príncipe: The difficult transition from aid-dependent cocoa producer to petrol state (find at bottom of page):http://www.ssn.flinders.edu.au/global/afsaap/conferences/2004proceedings/index.htm
Interesting NPV and estimated returns for Afren in OBO-1 http://www.afren.com/pdf/AfrenCPR-Block1b.pdf
Production Sharing Contracts:http://www.acas-law.com/multimedia/negotiating_drafting_production_sharing_agreements.pdf
Not really an article but some old Meridian posts:
Black Gold In The New Gulf:http://www.lewrockwell.com/wall/wall15.html
"Our New Best Friend":http://www.newyorker.com/printables/archive/030728fr_archive02
IMF JDZ report: http://www.imf.org/external/pubs/ft/wp/2006/wp06183.pdf


Afren: http://www.afren.com/home.asp
Anadarko Petroleum Corp. SEC Filings: http://www.pinksheets.com/quote/filings.jsp?symbol=APC
Addax:http://www.addaxpetroleum.com/_media/Analysts_Day_Nov_Part3.pdf (great slides, maps and future plans for the JDZ)
CHEVRON SEC Filings: http://www.pinksheets.com/quote/filings.jsp?symbol=cvx
CHROME OIL: http://www.chromeoil.com/
ERHC: http://www.erhc.com
ERHC SEC Filings: http://www.pinksheets.com/quote/filings.jsp?symbol=ERHE
SINOPEC SEC Filings: http://www.pinksheets.com/quote/filings.jsp?symbol=snp

Drillship Info: Special thanks to rocky822 for digging up this info!

$3 Billion [USD] dollar man
Sir Emeka Offor: http://www.africananews.com/cover/200512/emeka_offor.htm

Sorta Off Topic:
China Business News: http://english.people.com.cn/business.html

RULES: Reasons to get deleted:
1. Duplicate – an accidental duplicate post by a member
2. Personal Attack – when someone attacks a person, with name calling, or relating to the messenger and not the message.
3. Spam – a message that is being posted promoting other sites, stock-related or not, that has no use in the discussion of JDZ oil/gas companies.
4. Vulgarity – cursing of any kind unacceptable on YOUR BOARD.
5. Violation of Privacy – posting of any personal identifiable information (email, real name, phone, address, etc)
6. Threat – someone threatening another member in some fashion
7. Thread Disruption - someone posting to disrupt the board, stir up trouble.

Special thanks to Silverbull for the idea showing board member location. If you want to be added see Message 553:
1=Silverbull5, 2=instructmba, 3=jdubs, 4=bayfisherii, 5=texasspeculator, 6=Troublemaker, 7=Phiegze, 8=AussiePup, 9=wtao, 10=mrogop, 11=blockman, 12=bructer, 13=jrsmoney, 14=Degenerate Gambler, 15=mrrhodes, 16=redinvest, 17=shawcc01, 18=doug c, 19=rambus, 20=Lone Clone, 21=loki, 22=salmonking, 23=lesswork, 24=350z, 25=Strassenheim, 26=david02835, 27=stonemoutain, 28=bazilfawlty, 29=dat_51or, 30=magicatlast, 31=nwtf, 32=kownski, 33=kcguru23, 34=Texascpa, 35=trade2much, 36=Art2004, 37=slacker42, 38=dreamweaver2000, 39= oliver spud, 40=Manti, 41=tamtam9042, 42=texsun2003, 43=Swampfx, 44=digforgold196, 45=stunjamie, 46=Tapco1, 47=ddragon41, 48=Stay the Course, 49=brez63, 50=Iceking, 51=convertedliberal, 52=Al4343, 53=FishToy, 54=investorbynight

Build up and don't tear down! Provide FACTS not ATTACKS. This is a FRIENDLY message board with an atmosphere that can make a difference!

Early history of JDZ and STP can be found here. http://www.investorshub.com/boards/read_msg.asp?message_id=10998520

B.P.O.W.: currently the JDZ board has 84 Boardmarks
Best Post Of Week:

(All decisions by the judges are final and are based on content, timeliness, format, creativity, and usefulness.)
Past Winners: mrrhodes, saleen(x2), rocky822, Tapco1(x3), walldog0, david02835, Silverbull5, bayfisherii, mrogop, xchip, Lone Clone, NobleSlave, mart50

JDZ stocks of interest: Addax=AXC.TO (Canada), Afren=AFR.L (UK), Anadarko=APC (US), Centurion=CUX.TO (Canada)bought out by Dana Gas for $1 billion), Chevron=CVX (US), CNOOC Ltd=CEO (China), Equator=EEL.L (UK), ERHC Energy=ERHE (US), Exxon=XOM (US), Hercules=HERO (US), Hyperdynamics=HDY (US), Oil & Natural Gas Corp=ONGC.NS (India), Sinopec=SNP (China), Syntroleum=SYNM (US)

Got a public issue or questions such as rules, feature requests, TOU, etc., please go here : http://www.investorshub.com/boards/board.asp?board_id=504

"ERHC On The Move"is Joe Shea's Blog and favorite reporter on ERHE. You can find more at: http://erhc.blogspot.com/ 


#10911   What is the significance of the following statement: Krombacher 04/27/21 10:25:23 AM
#10910   now KENYA oldoil 03/25/16 10:54:34 AM
#10909   Knock, Knock. Is anybody home ? vizsla4084 05/11/12 05:26:08 PM
#10908   Today is my last day to post here. seek the light 08/30/11 03:20:10 PM
#10907   Nigeria: 'FG, Multinationals Committed to Local Content' seek the light 08/30/11 10:22:57 AM
#10906   Sinopec to Strengthen Investments in Upstream Assets seek the light 08/30/11 10:14:37 AM
#10905   Latest Petroleum News seek the light 08/30/11 10:11:17 AM
#10904   Sinopec posts RMB 40.24-bln net profit for H1 seek the light 08/29/11 01:25:17 PM
#10903   Sylvan on the video said he is excited seek the light 08/26/11 05:03:10 PM
#10902   Can we expect news about ERHC acquiring assets seek the light 08/26/11 01:34:30 PM
#10901   ferhab ... seek the light 08/26/11 09:53:11 AM
#10900   International Outlook is a trademark of Globe Reports seek the light 08/25/11 03:56:21 PM
#10899   I don't recall seeing this before. may have seek the light 08/25/11 03:36:20 PM
#10898   What are the countries we look at when seek the light 08/25/11 03:27:25 PM
#10897   Yesterday was my birthday. I feel older than seek the light 08/25/11 03:13:25 PM
#10896   "determining the nature and extent of the hydrocarbons seek the light 08/25/11 11:31:20 AM
#10895   Al4343....Thanks for the kind words. seek the light 08/25/11 10:31:50 AM
#10894   Those are two respected opinions Seek...Thanks. Al4343 08/25/11 09:44:56 AM
#10893   Thanks, Ruby Martin. seek the light 08/25/11 09:42:31 AM
#10892   sneak....Look at this...Hmmmmm!!!!! seek the light 08/24/11 02:52:26 PM
#10891   Mali seeks to develop oil reserves seek the light 08/24/11 02:33:04 PM
#10890   Can someone please post on the other board. seek the light 08/24/11 01:26:28 PM
#10889   Doc.....Based on krom's history he will never get seek the light 08/24/11 12:01:08 PM
#10888   . tryoty 08/23/11 09:27:45 PM
#10887   Well i posted the info on a petroleum seek the light 08/23/11 02:09:51 PM
#10886   I have a theory as to what was seek the light 08/23/11 10:23:57 AM
#10885   To all. seek the light 08/23/11 10:08:44 AM
#10884   The following is part of a post on seek the light 08/22/11 02:53:14 PM
#10883   sneak...I posted it on the other board also. seek the light 08/22/11 02:29:26 PM
#10882   Why would anyone who claims positions in 15-16 seek the light 08/22/11 01:26:24 PM
#10881   Addax discoveries in IMO. seek the light 08/22/11 11:09:27 AM
#10880   Anyone who wants to post my reply to seek the light 08/19/11 03:52:17 PM
#10879   petermantx....Re your post on the other board. seek the light 08/19/11 02:38:23 PM
#10878   http://www.citizendia.org/Petroleum_in_Nigeria seek the light 08/19/11 11:28:16 AM
#10877   http://www.africanajournal.org/PDF/vol4no1/vol4no1_6_John%20H.%20Enemugwem.pdf seek the light 08/19/11 10:54:19 AM
#10876   Very interesting article on the Nigerian amnesty program seek the light 08/19/11 10:33:45 AM
#10875   dest golf....As usual homeport and mz are trying seek the light 08/18/11 02:49:56 PM
#10874   Thanks AI4343. seek the light 08/18/11 02:08:18 PM
#10873   I believe that soon the reasons for kicking seek the light 08/18/11 01:54:43 PM
#10872   Thanks Colliod for your post to mz. seek the light 08/18/11 12:11:15 PM
#10871   The two most interesting developments overnite: seek the light 08/18/11 09:57:54 AM
#10870   Where Will the Next Big Oil Be Found seek the light 08/17/11 01:30:06 PM
#10869   I believe this article about an IMO summit seek the light 08/17/11 01:12:35 PM
#10868   OIL & GAS seek the light 08/17/11 12:39:02 PM
#10867   Imo Investment Summit – An Insight —Kanayo Esinulo seek the light 08/17/11 12:31:30 PM
#10866   petermantx.....I have not heard Michael Shafie talk about seek the light 08/16/11 04:01:31 PM
#10865   ERHC has proven....I agree. They are runing out seek the light 08/16/11 03:56:55 PM
#10864   seek... This leaves no doubt about what a CPR tryoty 08/16/11 02:59:37 PM
#10863   sneak.... What do you think? Will we get seek the light 08/16/11 01:41:01 PM
#10862   wato.... seek the light 08/15/11 06:13:47 PM
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