Total announces that its wholly-owned Nigerian operating subsidiary, Elf Petroleum Nigeria Limited (EPNL), has signed a farm-in agreement with Amni International Petroleum Development Company Limited, for the Oil Mining Licences (OMLs) 112 and 117 offshore southeast Nigeria. With this agreement, EPNL has acquired a 40% participating interesting in both OMLs.
OMLs 112 and 117 are located in the eastern part of the Niger Delta, at about 20 kilometres from the Bonny LNG plant. Together, they cover an area of 550 square kilometres in water depths between 10 to 15 metres.