Sahara Group’s Upstream Company said it is making good progress with its activities in oil prospecting lease (OPL) 274, an asset it has a 100 per cent working interest. It is also pressing forward to optimise opportunities in the block where it has achieved first oil.
The firm last year doubled its certified Proved plus Probable (2P) reserves in the Oki-Oziengbe South field in Edo State, making a new commercial discovery with the Oluegi-1 exploration well.
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