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Afren buoyed by Nigeria find
FTSE 250-listed oil and gas explorer Afren has said its successful Ebok North fault block exploration well offshore Nigeria has encountered excellent quality reservoir sands, with data support indicating oil in excess of 100m barrels of oil, towards the upper end of its expectations. Chief executive Osman Shahenshah said: “We are delighted to have continued our run of exploration success this year with the Ebok NFB well, which follows on from the Okoro East discovery.”