Strategy

Starting in Nigeria, and expanding to West Africa, we aspire to build up a significant oil and gas reserve base through acquisitions and strategic partnerships, principally with indigenous Energy Companies.

Our medium-term targets include:

  • Development of Uquo oil and associated gas reserves
  • Development of Non Associated Gas
  • To build up a larger portfolio by acquiring additional exploration and production acreage.
  • Operating the +1% of 35 billion barrels of discovered oil through service contracts with IOCs in the Niger Delta to enhance production in their ‘small’ or depleted fields
  • Participating in new license rounds (onshore and shallow water)
  • Utilising regional expertise and relationships to negotiate directly with local partners in the Gulf of Guinea region.

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