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Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank (5158 Views)

Neveah Limited Redeems N2.04 Billion Series 13 Commercial Paper Issuance At Matu / NNPC Secures $5bn Funding From Afreximbank For Nigeria’s Oil Industry / Sterling Bank Secures $65 Million Credit Facility From Arab Bank (2) (3) (4)

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Re: Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank by einsteine(m): 10:23am On Nov 18, 2021
Why will AFREXIM approve a loan for a project that has not proven feasible in the past
Re: Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank by almarthins(m): 10:28am On Nov 18, 2021
mapet:


Even in the context of Oil Exploration, define "barren"
person no fit use word again. Wetin dey happen? I go school, u go school. So correct me, I go take am.

I jus didn't like idea of pumping so money into phantom exploration which might end up as another waste.
Re: Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank by mapet: 10:29am On Nov 18, 2021
almarthins:
person no fit use word again. Wetin dey happen? I go school, u go school. So correct me, I go take am.

I jus didn't like idea of pumping so money into phantom exploration which might end up as another waste.

In other words, you're saying what you don't know...
Re: Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank by almarthins(m): 11:11am On Nov 18, 2021
mapet:


In other words, you're saying what you don't know...

How do u mean? Are u referring to northern oil exploration or my choice of the use of word?

May be u shuld school me more on both
Re: Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank by mapet: 12:39pm On Nov 18, 2021
almarthins:


How do u mean? Are u referring to northern oil exploration or my choice of the use of word?

May be u shuld school me more on both

Both.

Have you heard of Kolomani River 2?
Re: Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank by almarthins(m): 1:53pm On Nov 18, 2021
mapet:


Both.

Have you heard of Kolomani River 2?

I get ur point, But ... The details about them are vague.
Re: Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank by mapet: 2:36pm On Nov 18, 2021
almarthins:


I get ur point, But ... The details about them are vague.

Yes, but for some of us (in the industry) the simple submission is Oil is found in commercial quantity already in the North. There are other convos on this that we can have...

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