Continental Focus, International Reach

Cash Received for First Aje Production

Sunday, October 23, 2016

MX Oil was informed by PR Oil and Gas, the firm that holds its investment in Nigeria’s OML 113, that it has received revenues from the sale of the first production from the Aje field. The company received $1.2 million for the sale of the crude.

MX Oil’s CEO, Stefan Olivier, said, “We are very pleased to announce that the first oil production from the Aje Field has been sold and that we have now received our first income from our investment in OML 113.”


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