Prime Oil & Gas Coöperatief U.A.

Petralon Energy indirectly holds a 6.06% shareholding in Prime Oil & Gas, which in turn has an 8% interest in OML 127 and a 16% interest in OML 130 in Nigeria.

OML 127 contains the Agbami field, while OML 130 contains the Akpo, Egina and Preowei fields. Prime Oil & Gas has combined net entitlement production of  ca. 55,100 boe/day from the producing Agbami, Akpo and Egina fields, which result in a net reflective production of ca. 3,337 boe/day for the Petralon’s combined shareholding interest in the entity.

OML 127
OML 130
CountryTerrainLicenseOperatorPartnersGross 2P Reserves
NigeriaDeep offshoreOML 127Star Deep Water Petroleum (Chevron, 32%)Famfa Oil (60%), Prime (8%)270 mmbbls
NigeriaDeep offshoreOML 130TotalEnergies (24%)CNOOC (45%), SAPETRO (15%), Prime (16%)638 mmbbls