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Acquisition of Onshore Nigeria Oil Mining Lease 18 by Suntrust Oil Ltd.
SunTrust Oil Company, an indigenous E&P company and a 30% equity owner of OML 56 Umusadege (which assets currently produces over 22,000 bpd), strengthens its desire to become a leading oil and gas exploration and production company in Africa via the official...
The UMU 16 Drilling
DRILLING The UMU 16 well has been successfully drilled and completed. The UMU 16 well is the first well to be drilled on the western location of the field. The well has since been put in production with a combined production of about 6000 barrels of oil per day...