Sunday, June 30, 2013

LAGOS STATE DISCOVERS OIL

Commercial City of Lagos is about to discover oil, and join the league
of oil-producing States in Nigeria. There has been evidence of
commercial quantities of crude oil along the coastal off shore Dahomey
Basin of Lagos.
This was announced yesterday by Afren Plc, and its partners, Lekoil
Ltd, through the London Stock Exchange. This discovery is however
subject to authentication by the Department of Petroleum Resources
(DPR), the result of which is expected in 14 days time. If positive,
Lagos will become the 11th oil-producing State in Nigeria, following
Anambra State

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