SeaWolf Oilfields

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n$550 million Enterprise Value Company established in 2007.  
Short term debt financing provided by First Bank of Nigeria Plc. – Nigeria’s largest financial institution
nSeaWolf is currently raising a total of $150 million in start-up private equity capital from First Bank and other local and international co-investors to fund development
nSeaWolf is premier Nigerian owner of offshore oilfield assets (3 jack-up rigs) by virtue of the $210 million acquisition of Norwegian publicly listed Mosvold Jackup Limited and the $146.5 million acquisition of West Titania from Seadrill
nSeaWolf is additionally in discussions with an international oil major towards the establishment of an incorporated joint venture for the purposes of acquiring and operating land rigs and swamp barges in West Africa

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