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Nairaland Forum / Nairaland / General / Business / Oilblcok/oilwell In Nigeria Available For Sale. (1999 Views)
Crude Oil, Ago, Dpk, Pms And Oilwell Available At The Best Prices (2) (3) (4)
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Oilblcok/oilwell In Nigeria Available For Sale. by Nobody: 7:22pm On Apr 09, 2012 |
OIL WELL WITH 2.2 BILLION BARRELS OIL RESERVED OWNER HAS 3D DATA OWNER SELLING 40% OF THIS WELL FOR US $70 MILLION OIL BLOCK HAS 11 WELLS BUYER WILL HAVE 5 OUT OF 11 EACH WELL WILL COST $50 MILLION TO DEVELOP MEANS $50 MILLION X 5 = $250 MILLION TOTAL AMOUNT TO INVEST $ 250 MILLION TWO YEARS PROJECTED INCOME $1.7 BILLION @ 40 DOLLARS PER BARREL. PROCEDURE v Buyer writes an LOI addressed to Uptown Oil and sens it together with company profile. Buyer Signs Our NCNDA. v Seller sends Executive Summary, Letter of Invitation and the Letter of Offer for the intending investor. For more information, call MBT at 0703461741, or e-mail at nk4mb@yahoo.com |
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