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Tuesday, 08/09/2011 1:07:26 PM

Tuesday, August 09, 2011 1:07:26 PM

Post# of 10911
More on IMO state oil and gas industry.

http://allafrica.com/stories/201104140479.html


In this article, i find this interesting:


A] The project which he said was conceptualised in 2008 to leverage on the abundant oil and gas resources in the state to meet the energy requirements of the South-East zone, has an estimated capacity of 100,000 barrels per day, with allowances for future expansion to up to 250,000 bpd.

B] The current oil and gas reserves estimates in Imo State, Chukwueke continued, stands at 21 million barrels proven oil reserves and 12 tcf proven gas reserves with ultimate potential of some ten times more, adding that the total production by the various companies' operation in the state presently was about 26,000 bpd of crude oil and 250 million scf of natural gas per day.

Also link to IMO info.

http://www.nigeriagalleria.com/Nigeria/States_Nigeria/Imo_State.html

Investment opportunities in IMO.

http://www.imostate.gov.ng/info/InvestmentOilAndGas?PHPSESSID=80c253d0c774fedcde96d82b99934432

And finallythis:
Nigeria's Largest Onshore Oil Well Discovered In Imo State
« on: February 03, 2009, 01:07 AM »
Local firm, Addax, strikes oil in Imo
Nigeria's oil and gas industry has recorded another landmark, with Addax Petroleum announcing an onshore oil discovery from the Njaba 2 well (formally Okaka) currently drilling in the eastern part of the OML124 license area of Imo State. Addax Petroleum has a 100 per cent working interest under a Production Sharing Contract (PSC) covering the Oil Mining License 124 (OML124) area, whereby the Nigeria National Petroleum Corporation (NNPC) is the concessionaire. The new discovery may likely become one its largest fields in Nigeria. Addax currently produces approximately 6000 barrels per day from the Ossu and Izombe fields in OML124, which is located within Imo State. President and Chief Executive Officer of Addax, Mr. Jean Claude Gandur said, "I am extremely proud to report an excellent start in 2009 with this successful exploration result in Nigeria as it is a leading discovery that has the potential to be one of our largest fields in Nigeria. The Njaba discovery is the first exploration well to be drilled in OML124 since the mid-80's and these results will increase the production potential of the license area considerably, as well as significantly upgrade the remaining undrilled prospects."http://www.scandoil.com/moxie-bm2/news/addax-petroleum-hits-new-discovery-in-nigeria.shtml


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