JDZ Blocks Update

The JDA has reviewed the Fiscal Terms and other Statutory Documents and regulations relating to Petroleum Operations in the Joint Development Zone (JDZ). This review is partly due to the recent drilling results in the JDZ and also to make the zone more attractive to aspiring investor willing to partake in the development of the JDZ Oil and Gas assets.

The JDZ Investment International Limited (JDZIl) commenced operation in the 1st quarter of 2013. This is a Special Purpose Vehicle (SPV) strategically put in place to source, capture and enter into any viable business opportunities on behalf of the JDA.