DGAP-News: Heirs Holdings Significantly Expands Oil and Gas Portfolio
vom 18.01.2021, 06:06 Uhr
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Heirs Holdings Significantly Expands Oil and Gas Portfolio
18.01.2021 / 06:06
Heirs Holdings Significantly Expands Oil and Gas Portfolio
- Acquires 45% of OML 17 from Shell, Total and ENI
- Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent
- Estimated Additional 1 billion barrels of oil equivalent of further exploration potential
Lagos, Nigeria, January 15, 2021
- Heirs Holdings ( HH ), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc ( Transcorp ), Nigeria s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp)