Heritage Oil has announced the successful completion of the transformational acquisition of a major interest in the OML 30 licence in Nigeria.
OML 30 is one of the largest onshore licences in the country, with eight producing fields and estimated gross proved and probable reserves of 1,114m barrels of oil.
Current production is around 35,000 barrels of per day.
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The economic valuation of proved plus probable reserves estimated by $3,089m and $3,789m.
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