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Sunday, 17 March 2019 16:03

UPSTREAM OIL AND GAS PROJECTS

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UPSTREAM ASSETS AND ACREAGE

 Synterra have sourced and provided a number of funding proposal for the NNPC exploration and funding subsidiary NPDC. We have successfully raised finance for NPDC assets.

 

 We have sourced funds and arranged finance for assets held by NPDC. The funding arrangements have been for investments into acreage owned by the national oil company and where we have have had to attract investment. Similarly we have raised investment for local indigenous Upstream Operators. We have worked on  numerous Oil Mining Leases (OML) including OML119, OML111, OML65 and OML51. We have also sourced funding for investment in Oil Prospecting Licenses (OPL). We work closly with both the Department of Petroleum Resources, the Ministry and the NNPC where we have developed excellent relationships.

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