Deep offshore award for BG

May 21, 2006
BG expands its Nigerian interests with second license as operator

Offshore staff

(Lagos) BG Group and Sahara Energy Exploration & Production have been awarded oil prospecting license OPL 286-DO, under Nigeria's 2006 Licensing Round. Subsidiary company BG Exploration and Production Nigeria will operate the license, with the first five-year work program including at least one exploration well.

OPL 286-DO is situated offshore the Niger Delta, 250-km south-east of Lagos, in water depths of 200 � 1,000 m. This January, BG also acquired operatorship of offshore block 332, where it is partnered by Sahara and Seven Energy Nigeria.

05-21-06