InvestorsHub Logo
icon url

vineseeker2

05/09/11 3:55 PM

#239986 RE: kownski #239985

Thanks John, I was wondering what the rights are within a OML, I haven't seen anywhere else that you were expected to release any of the original lease territory & wondered if it would be a problem in developing something like block 4.
Maybe AA can tell us if something like the gas line from Akpo to Bonny Island Gas plant have to buy or arrange easment accross the OML's between 130 and the Island? I know FPSO's are put in place because it is cheaper to pick the oil up from a floating terminal with a tanker than to build a pipeline from the development to the terminal on shore.
The FPSO's arn't cheap either, the one for Egina sounds to be as large as the one for Akpo
icon url

doubleaa

05/09/11 5:12 PM

#239992 RE: kownski #239985

Its all a matter of permits and protecting others lines when crossing them
AA