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Topic: S/African Firm May Exit Nigeria Over Falling Crude Prices  (Read 1902 times)

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S/African Firm May Exit Nigeria Over Falling Crude Prices
« on: February 12, 2015, 07:02:38 AM »
S/African Firm May Exit Nigeria Over Falling Crude Prices

A South African oil and gas explorer, SacOil, is contemplating withdrawing further investments in Nigeria due to the sliding oil prices. The company is likely going to cancel an agreement to complete an appraisal on a prospective oil asset in Nigeria and leave the country. In a cautionary statement released to its shareholders, the company...
Source: S/African Firm May Exit Nigeria Over Falling Crude Prices
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