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4 Pages

All go for Nigeria's Ogo

All go for Nigeria's Ogo

Report summary

On 19 November 2013, Afren announced a successful sidetrack of its Ogo-1 discovery well drilled earlier in the year in the Keta Basin, Nigeria. The prospect has a P50 recoverable reserves estimate of over 770 mmboe, potentially making it one of the largest shallow water discoveries in West Africa in the last decade.

What's included?

This report includes 1 file(s)

  • All go for Nigeria's Ogo PDF - 437.32 KB 4 Pages, 1 Tables, 3 Figures


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  • Exploration expected to pick up
  • A straightforward development with excellent returns
  • Fiscal uncertainty and the proposed PIB
  • What does it mean for the companies involved?
    • Optimum Petroleum
    • Afren
    • Lekoil
  • Appendix
    • Model Field Valuations

In this report there are 4 tables or charts, including:

  • Exploration expected to pick up
    • Ogo field discovery
  • A straightforward development with excellent returns
    • Model Field Valuations
    • All go for Nigeria's Ogo: Image 3
  • Fiscal uncertainty and the proposed PIB
  • What does it mean for the companies involved?
    • All go for Nigeria's Ogo: Table 1
  • Appendix
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