ELF gets Niger Delta farm-in

Elf Petroleum Nigeria Ltd. signed a farm-in with Amini International Petroleum Development Co. Ltd. for OMLs 112 and 117 offshore southeast Nigeria.
July 27, 2006

Offshore staff

PARIS -- Elf Petroleum Nigeria Ltd. signed a farm-in with Amini International Petroleum Development Co. Ltd. for OMLs 112 and 117 offshore southeast Nigeria.

The licenses cover 550 sq km in the Niger Delta with water depths of 10 to 15 m.

EPNL will hold 40% participating interest in both permits, and will operate the appraisal and development activities. The just completed Ima 12 appraisal well reportedly confirms gas reserves in the acreage.

7/27/06

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