For sale: Oml 151 Available For Joint Venture*

Commercial Property For Sale Offshore – Positioned Strategically Between Bayelsa And Akwa Ibom States Bayelsa Area selling for $306,000,000. See property details on PrivateProperty.ng or browse all our range of properties in Bayelsa Area Bayelsa

*OML 151 Available For Joint Venture*

OML 151:
$ 226.86m ---- cost of production to first oil.

$ 80m --- cost of acquiring 40% participating interest.

Total Cost of Investment--- $ 306.86M

*Facilitator's Fees* for both sides 10% -- $ 30.686M ( to be paid by investor).

*GRAND TOTAL*--- $337.546M

License Valid Until 2036 (20-Year Renewal Cycle)

*Key Asset Information – OML 151*

1. Location : Offshore – positioned strategically between Bayelsa and Akwa Ibom States, under PSC (Production Sharing Contract) in shallow or swamp waters.

2. Price : USD $337.546 (Three Hundred And Thirty Seven Thousand, Five Hundred And Forty Six Dollars Only).

3. Geological Report : Comprehensive and up-to-date, available for review by qualified buyers.

4. State of Location : Bayelsa/Akwa Ibom axis – rich in hydrocarbon potential.

5. Reserve Volumes :

Gross 2P Oil Reserves: 47.1 MMbl

Gross 2P Gas Reserves: 209 Bcf

Gross Prospective Reserves (P50): 2,791.7 MMboe

6. License Validity : Current license expires in 2036 and is renewable every 20 years.

7. Infrastructure :
Fully installed FPSOs, production platforms, processing facilities, and pipelines in place.

8. Government Participation : PSC arrangement currently held by the Operator.

9. Regulatory Compliance:
All statutory levies are fully paid and up to date. Any minimal outstanding shall be settled by the seller upon final negotiation.

10. Further Data Access:
Additional technical and commercial data will only be made available to credible buyers who submit:

A Letter of Intent (LOI)

A Verifiable Proof of Funds (VPOF) with authority to verify

Company Profile or CIS of the Chairman/MD

Upon satisfactory preliminary due diligence, a face-to-face meeting with the seller will be arranged. Once the seller is satisfied with the buyer’s credibility, transaction documents will be executed, payment concluded, and ownership documentation handed over immediately.

> Please Note :
LOIs submitted without VPOF and supporting documents will not be entertained. We have encountered too many unserious offers and must prioritize only verified buyers.

This is a rare opportunity to acquire a fully equipped, high-potential offshore asset in Nigeria’s oil-rich basin. Serious inquiries only.

*For Serious and Direct Client Buyers Inspection (Give Us 24hrs Notice) & 4 More Enquiries Contact Us.*

*Do You Have Direct Request or Deals You Want To Sell / Rent, Send / Contact Us.*