1ST QUARTER 2008 - CURRENT EDITION

ADDAS Finds Success At Oil Mining Lease 123

A Canadian quoted oil firm, with active presence in Nigeria, Addax Petroleum Corporation has announced the successful appraisal of oil mining lease (OML) an addition to the Kita Marine discovery. The recently completed KTM-6 well encountered an aggregate gross oil column of 173 feet over four zones. Commenting, Jean Claude Gabdur, president/ chief executive officer of addax petroleum said: “I am…...more

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