Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
Afren (Presentation) - Proactive Investors
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Nigeria: near term development<br />
Asset summary<br />
Production Peak (1) Local<br />
Start-up ‘000 bopd Partner<br />
Ogedeh<br />
Eremor<br />
N I G E R I A<br />
Ofa<br />
Okoro Setu<br />
Okoro Setu 2008 15-20 Amni<br />
Eremor 2008 4-5 Excel<br />
Ofa 2008 2-3 IEL<br />
Ogedeh 2009 4-5 Bicta<br />
Okoro Setu development<br />
◦ Five-well development (Adriatic VI)<br />
◦ FPSO secured (Armada Perkassa)<br />
◦ Drilling to commence end 2007<br />
◦ First oil early 2008<br />
Appraisal / development<br />
◦ Re-entry of Ofa-1<br />
◦ Completion of Eremor-1 and tie-back<br />
◦ Ogedeh development options under<br />
review<br />
www.<strong>Afren</strong>.com - October 2007<br />
14<br />
Source: Google Earth. Note (1) : <strong>Afren</strong> estimates