domain NigerianOil.com

[redhotfusion]

Hello once again everyone ,

I would be ever so grateful if you guys could give me an idea of what you think this domain is worth. Considering the Nigerian Oil industry is massive and there is SO much money involved , I would imagine this domain must be worth something.

Thank you for your time ,

- Valdis

 

[redhotfusion]

Would like to mention the fact that this domain was bought by someone at auction for $2,500 in 2008. That must mean that this is worth something. Would love any opinions.

 

[iowadawg]

Obviously the value dropped like a rock over 6 years!
I really see no value in the domain itself.

 

[Josh R]

nigerian oil is rebounding and I don't see why there wouldn't be some good value to the right buyer. If it sold at auction for 2,500 in 2008, I don't see why it can't sell again as the nigerian oil idustry is strong. I would hang onto it for a little while...

 

[redhotfusion]

@iowadawg I wonder what makes you think that the value has dropped as the Nigerian Oil industry is only getting bigger. This is probably the best domain for that industry keyword wise. Thanks for the input though!

@Joshua Reason Aye , the industry is only getting bigger. I understand that the value to a reseller might not be as great but straight to an oil company , could be a great catch. I plan on developing it into a industry portal and if that fails , I'll just hold onto it until I get a high x,xxx - low xx,xxx offer. I am sure it could be sold to a big company like Shell for a decent sum. Thanks for the input!

 

[nothere]

maybe an analyst would buy it but I don't know how much they'd be willing to pay for it.

Also 2008 is much different from 2014. The market is almost dead compared to then