AsherXino Corporation operates as an exploration stage oil and gas company. The company holds an option to farm into a 40% leasehold interest in and operatorship of an offshore oil exploration and development block in Nigeria, Oil Prospecting License (OPL) 2012 (OPL 2012). The company, through its wholly-owned subsidiary, ASHERXINO Nigeria Limited, would operate and develop OPL 2012 under a joint venture arrangement with two Nigerian local partners, Grasso Nigeria Limited (which owns a 20% interest in OPL 2012) and Sigmund Oilfield Limited (which owns a 40% interest in OPL 2012), and the state-owned Nigerian National Petroleum Corporation (NNPC), which manages all oil block concessions in Nigeria to ensure compliance with government regulations. History AsherXino Corporation was founded in 1981. The company was incorporated in Colorado in 1981.
asherxino corp (AXNO:OTC US)
1 Glenlake Parkway NE
Atlanta, GA 30328
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