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Timothy Smith

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Timothy Smith

Re: OTCdoc post# 605

Monday, 09/21/2015 12:08:14 PM

Monday, September 21, 2015 12:08:14 PM

Post# of 948
Nigeria's state-run oil company says it has secured $1.2B to finance the drilling of 23 onshore and 13 offshore wells under a joint venture with Chevron (NYSE:CVX).

Nigeria has been criticized for failing to meet obligations to its oil JV partners, which has affected efforts to reach production targets of 4M-plus bbl/day and reserves to 40B barrels.

The joint venture is the third largest oil producer in Nigeria.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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