BUSINESS PROPOSAL
Dear sir,
A total of 23 oil companies have placed bids to obtain licences for five
blocks in the deepwater zone jointly managed by São Tomé and Nigeria. According
to the Nigerian government, mostly smaller oil companies participated in the
bid round. If the applicants are qualified for a licence will be gazetted by
the end of the year.
It therefore remains unclear whether the second bid round for licences in the
promising Joint Development Zone between Nigeria and São Tomé has been a
success. The first bid round, in 2003, also had a relatively large number of
bidders. Most, however, were not found to have proven their technical
capabilities to operate on these demanding deepwater blocks, and licences to
only one out of six blocks were given.
The 2004 licensing round - which was announced in November and had a 15
December deadline - is reported to have produced a total of 26 bids from 23
companies for the five oil blocks that remained free after the 2003 round. The
state-run 'News Agency of Nigeria' yesterday evening named several of the minor
oil companies applying for a licence.
Despite a call by the Nigerian government earlier this month on the world's
leading oil companies to participate in the bidding round, no such bids were
however mentioned. Nigeria and São Tomé had in particular hoped that the oil
giant ExxonMobil would exercise its preferential rights to the remaining blocks
in the zone. ExxonMobil used these rights to obtain one licence last year.
Neither, there was any notice of a possible bid by the Brazilian state oil
company Petrobras, which São Toméan authorities had urged their Brazilian
counterparts to ensure. The names of all the 23 bidders have however not yet
been made public, probably due to conditions set in the bids.
According to the Special Adviser to the Nigerian presidency on petroleum,
Edmund Daukoru, the Nigeria-São Tomé Joint Development Authority (JDA) would
now start evaluating the bids. Mr Daukoru promised that a "transparent"
evaluation would be carried out, in accordance with the guidelines of the JDA.
This is the second time ever that oil blocks partially belonging to the
impoverished island nation of São Tomé and Príncipe are to be licensed. Oil
production has yet to start in the waters of the nation of 145,000 inhabitants,
and future oil revenues are expected to revolutionise the archipelago's
economy.
The largest expectations for a future oil production in São Tomé and Príncipe
are so far connected to the joint development zone of 34.504 square kilometres.
The zone is located close to some of the region's major oil producing areas in
the exclusive territorial waters of Nigeria and of Equatorial Guinea.
The presence of similar geological conditions in the Nigeria-São Tomé zone has
made experts assume that the joint zone holds between 6 and 12 billion barrels
of crude oil. Future oil revenues from the zone are to be split by a key where
Nigeria receives 60 percent and São Tomé receives 40 percent.
There is however also growing interest in oil exploration in the exclusive
territorial zone of São Tomé and Príncipe. The London-based oil prospector
Equator Exploration is currently making promising findings in this large zone,
covering 160,000 square kilometres. Equator Exploration earlier this month also
announced that the company had secured important concessions in the zone.
In conclucion to the above,as minister of petroleum in Nigeriai have used my
personal skills and experience to get one of the lincences for the five blocks
in the deepwater zone and this cost a whooping sum of 3 million dollars .I have
all things put in place and all i need at the moment is a trustworthy person
for the final transfer of the project fund and to stand as the owner of the
company as the presidency must not be aware of my personal involvement in this
..Once the project fund is transfered,we will have a share profit ratio of the
sum of 14million dollars and this can be shared at a ratio of 3:7 for you and
I respectively.Moreso,once we start the project,you will have to come over to
Nigeria to stand as the chairman/CEO of my establishment during the next oil
conference in Abuja the capital city .Every document necessary for this is
already in place
I await for your response immediately so as to proceed as it will only last
for few days since the conference will be taking place in just a three weeks
time
NB:Please get back to me through private email address:
Regards
Dr. Edmund Dakoru
Ministry of Petroleum Resources.
Minister of State
[EMAIL PROTECTED]
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/iklan-mini/
<*> To unsubscribe from this group, send an email to:
[EMAIL PROTECTED]
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
