The Youngest billionaire in Africa, a 39-year-old Nigerian man Igho Sanomi is set to step up the Ladder of Success ruins.
The CEO of Taleveras is set to acquire a $ 2.5 billion Oil Mining License 29 from Oil giant Royal Dutch Shell.
According to Forbes Magazine, Shell had been looking to divest from four of its onshore Nigerian assets since last year - OMLs 18, 24, 25 and 29, as well as the Nembe Creek Trunk Line, a 60-mile Aging Electricity Which has Served as Nigeria's Major Crude Oil Transportation channel- moving oil through the Niger Delta to the Atlantic coast, trunk Which has been beleaguered by leaks stemming from oil theft for many years.
The Africa Oil & Gas Report magazine reports That OML 29's remaining reserves (P1 + P2) are about 2.2Billion Barrels of Oil Equivalent (BOE), while its hydrocarbons fields could deliver as much as 160.000 Barrels of oil per day and 300MMscf / d at peak, with focused, aggressive work program.
The Nembe Creek Trunk Line is also an extremely Valuable asset as many other oil Exploration companies in Nigeria pay to use it to Transport Thein oil to international Markets.
Taleveras Group is an oil trading company founded by Nigerian billionaire Igho Sanomi in 2004 at age 29.
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