Oando: Portfolio Acquisition & Growth Presented by Wale Tinubu Chairman Oando Energy Resources & Group Chief Executive Oando Plc Lagos, Nigeria November, 2014 www.oandoenergyresources.com
Oil & Gas Global Industry Overview GLOBAL TRENDS FOCUS ON AFRICA 1% 0% Tunisia 9% 20% 2% 10% 14% 19% Europe & Eurasia Pacific Asia North America 18% 9% 37% 11% 8% 3% 33% Algeria 48% Libya Egypt 10% Middle East 8% 1% 1% 2%…
Nigeria Oil & Gas: M&A Trends M&A is a major value driver for indigenous E&P Companies in Nigeria OML 40 NIGERIA OML 4 OML 41 OML 38 OML 34 OML 42 OML 30 OML 26 OMLs 60-63, OML 145, OML 131 1.5 TransactionValue…
What it Takes to Complete the largest Oil & Gas Acquisition in Nigeria IDENTIFY ASSETS INTEGRATION NEGOTIATION POLITICS LEGAL FINANCE 6
Case Study: OER Growth CurrentProductionLevel* Pre-COP Post-COP Aquisition 53,546 bopd Aquisition 29,983 bopd AverageGasProduction 2,016bopd AverageNGLProduction 21,547 bopd 2013AverageProduction AverageOilProduction…
Case Study: OER Growth NetProduction Kwale-Okpai IPP 6% OML 125 Umusadege OML 60 Ebendo Kwale * 56% 46,676 38% Irri-isoko Akri Ebocha boepd Key Forcados O M L Oil & NGL Terminal Beniboye 61 Ob-Ob Idu Akepo O M…
New OER: Assets Portfolio NIGERIA Asset W.I. Operator OML 125 OML 60 20% AGIP OML 56 - Ebendo Field O OML 61 20% AGIP OPL 321 & 323 M OML 60 OML 90 - Akepo Field L OML 62 20% AGIP 62 CAMEROON OML 61 OML 13 - Qua Ibo Field OML…
Formation of the Leading Indigenous Oil & Gas Producer in Nigeria 2003 Awarded a 42.75% 2018 2008 interest in the Ebendo marginal eld (OML 56) Acquired a 15% stake 100 kboepd in OMLs 125, 134 production & 90 500 mmboe…