Leni Gas & Oil Appoints McDaniel & Associates as Technical Advisors
Leni Gas & Oil has engaged McDaniel & Associates Consultants, one of the world's leading petroleum consulting firms specializing in geological and petroleum engineering studies, to act as a technical advisor and the Competent Person to the Company.
McDaniel will provide advice on work programs on LGO's latest farm-in on an exploration block in Area 4, located offshore Malta between Libya, which has a Best Estimate STOIIP (P50) totaling 3,567 million barrels of oil and a High Estimate STOIIP (P10) totaling 14,432 million barrels of oil as reported by the operator of the Block.
McDaniel will also provide assistance to LGO with the assessment of new and future opportunities in the global oil and gas sector.
McDaniel & Associates is an internationally recognized oil and gas consultant with over 50 years of experience in geological and geophysical studies, reservoir engineering and reserves evaluations and has offices in Canada and the United Kingdom.
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