Our Business

Our Approach to Community Entry and Engagement

Identify and engage the right stakeholders at the right time and in appropriate ways, allowing for two-way communication to occur.

Listen, understand, and respond to legitimate issues and concerns.

Explain our activities, in a reasonable timeframe, to community stakeholders.

Involve stakeholders in managing the potential impact on their communities; to help establish trust and build mutually beneficial relationships.

Our Community Relations Strategy

Our strategy aligns with the Petroleum Development Act and is structured to win hearts and minds by avoiding practices that run counter to our philosophy and Community Relation policies.

-Emmanuel Ijekhuemen

CEO, MD

Our strategic actions center on building trust to win the Hearts and Minds of our host communities; by engaging them as partners, we are assured of our operational success

Our Goals On The Olua Marginal Field

Strategic Goals

Acquire

To Proactively Identify and acquire high potential oil and gas leases in Shallow water locations in Nigeria, on the back of the successful development of the Olua Marginal Field.
To grow the company’s Proven Reserves Portfolio by a factor of 100% within the first 5 years of Operations
To identify and acquire oil and gas leases on Land or Shallow Water Locations in Emerging African Oil and Gas Markets
To grow the company’s Proven Reserves Portfolio by a factor of 400% within the first 10 years of Operations
To develop community management strategies in line with prevailing laws in its target markets to minimize disruptions and enhance the successful management of acquired assets

Operate

To ensure that it holds operatorship positions over a minimum of 50% of proven reserves under its portfolio
To develop and implement operating philosophies designed to optimize per barrel costs on its managed assets and enhance the quality of returns to its stakeholders

Transition and Integrate

To seek for opportunities to integrate oil and gas producing operations by establishing secondary gas processing facilities that creates direct revenue streams from gas through existing gas development platforms such as the National Gas Development Plan or standalone gas to product facilities-gas to urea, CNG, Modular LNG or Gas to Power-for enhanced returns to its Stakeholders.
To identify opportunities for further gas optimization/utilization and integration through flare-out programs, gas sales and supply agreements with third party producers and throughput agreements with pipeline infrastructure owners,
To Optimize Shareholder Value from Crude Production through the Establishment of Modular Refining Operations for Produced Crude