Archives 2022
13 July 2022
Updated Otakikpo CPR detailing a significant upgrade to 2P reserves and resources and prospective volumes
Updated Otakikpo CPR detailing a significant upgrade to 2P reserves and resources and prospective volumes MoU signed with Schlumberger and trading su…
13 July 2022
Plans underway for three to five well drilling programme at Otakikpo to increase production to 15,000-20,000 bopd. OPL 310 well locations selected
Plans underway for three to five well drilling programme at Otakikpo to increase production to 15,000-20,000 bopd. OPL 310 well locations selected…
13 July 2022
Focus shifts to Phase II at Otakikpo targetting 20,000 bopd.
Focus shifts to Phase II at Otakikpo targetting 20,000 bopd. CPR on OPL325 released showing oil-in-place volumes of 5bn barrels, intention to farm dow…
13 July 2022
Continuous commercial production begins at Otakikpo
Continuous commercial production begins at Otakikpo…
13 July 2022
Advance payment facility with Shell in place
Advance payment facility with Shell in place…
13 July 2022
Continuous commercial production begins at Otakikpo
Continuous commercial production begins at Otakikpo…
13 July 2022
$12.4 million equity raise to bring Otakikpo into commercial production
$12.4 million equity raise to bring Otakikpo into commercial production…
13 July 2022
Otakikpo flow tests successfully completed at Otakikpo-002 and Otakikpo-003
Otakikpo flow tests successfully completed at Otakikpo-002 and Otakikpo-003…
