Updated Otakikpo CPR detailing a significant upgrade to 2P reserves and resources and prospective volumes MoU signed with Schlumberger and trading su…
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…
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…
Continuous commercial production begins at Otakikpo…
Advance payment facility with Shell in place…
Continuous commercial production begins at Otakikpo…
$12.4 million equity raise to bring Otakikpo into commercial production…
Otakikpo flow tests successfully completed at Otakikpo-002 and Otakikpo-003…