Camac has recombined its interest in the Oyo Field within the OML 120 which was acquired by the company from Allied in April last year.
OML 120 covers an area of 916.6 sq km, while the OML 121 block covers an area of 887 sq km.
Based upon internal mapping and 3D seismic studies, nine new prospects have been identified by Allied within the OML 120/121 blocks.
Camac is engaged in the exploration, development and production of oil and gas.
