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Camac lifts Nigerian offshore oil prospects to 2.37bn barrels

By:  
Creamer Media Contributing Editor Online
 
OIL & GAS
An updated independent assessment of the prospective resources of dual-listed Camac Energy’s offshore Nigerian leases has increased the estimated recoverable resources from 537-million barrels of oil to 2.37-billion barrels of oil in four of its top exploration prospects. Moreover, the assessment estimated recoverable gas resources of 2.9-trillion cubic feet in offshore oil mining leases 120 and 121.
 
 
 
 
 

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