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OK. But this is how I understood

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Scarbender307   Sunday, 11/03/19 08:20:03 PM
Re: manuel06 post# 5974
Post # of 6516 
OK. But this is how I understood it.

Africa Oil will be the sole acquirer of the 50% interest in POGBV with Vitol and Delonex exiting Petrovida. View PDF Version.

The primary assets of POGBV are an indirect 8% interest in Oil Mining Lease ("OML") 127, which contains the producing Agbami Field, operated by affiliates of Chevron Corporation, and an indirect 16% interest in OML 130, operated by affiliates of TOTAL S.A., which contains the producing Akpo and Egina fields.


Either way.. I'm astonished at the move by AOC.

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