NNPC reveals that two local firms had completed the purchase of 45 per cent stakes in two onshore oil blocks, previously owned by Shell, Total and Eni.

NNPC provided that First Hydrocarbon Nigeria (FHN), owned by Afren, bought a 45 pct stake in OML 26 owned jointly by Shell, Total and Eni. The block has target production of 50,000 barrels of oil per day by 2015.
read more and live your comment :http://businessnews.com.ng/2011/11/16/two-local-firms-purchase-oil-blocks-of-shell/

LOI in buyers official letter-headed paper. Corporate company profile. POF from any top 1-50 banks in the world. All parties will sign an MOU. Meeting with the Chadian president.
Price is between $40m-$45m each. 10% signing bonus, 10% carry on equity. Chad govt ratio is 30%. Investor is 60% and Consultant is 10%.. LOI tobe addressed to: THE TRANSACTION FACILITATOR C/O MULTINEERING GLOBAL SERVICES LTD. 47 IKWERRE STREET, MILE 1 DIOBU, PORT HARCOURT, RIVERS STATE, NIGERIA.
preshiuz@yahoo.com