Prince Arthur Eze and Atlas Petroleum International Offer 2.2 Billion Barrels of Resource Potential in the Offshore Niger Delta
Releases displayed in Africa/Lagos time 29 Oct 2007 Atlas Petroleum & Partner eye sale of Niger Delta block Prince Arthur Eze and Atlas Petroleum International Offer 2.2 Billion Barrels of Resource Potential in the Offshore Niger Delta(Full text of a statement. Contact details below.) Houston and Lagos (ANTARA News/PRNewswire-AsiaNet) - Atlas Petroleum International Ltd and partner Summit Oil and Gas Worldwide are evaluating the sale of up to 40 per cent of the working interest in Block OML 109, located just 12 miles offshore in the shallow waters of the Niger Delta. "Following on the heels of our recent success with Noble Energy on Block I in Equatorial Guinea, we believe now is the time to explore opportunities with prospective new partners in this as yet under-explored block, OML 109," said Prince Arthur Eze, owner and chairman of Atlas Petroleum International Ltd. Recently, a complete review of OML 109 was conducted and the results revealed an exploration potential of...