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.