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BusinessDay
Nigeria's leading finance and market intelligence news report.

Inside details of ADM’s plan for Barracuda oil Field development

After agreeing to invest $1.3million, oil and gas investment company ADM Energy PLC has unveiled fresh plans for the development of Barracuda oil field in OML 141, an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria. This will ADM energy recover up to 73 million barrels from the D-1B reservoir, based on…

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