West Africa Portfolio & Investment Africa Oil Week November 2013 www.oandoenergyresources.com
Nigeria Africas Leading Hydrocarbon Province 2.20mmbopd 2012 Crude Oil Exports 182Tcf 4.2Bcf 5% Nigerias Share of U.S. Proved Natural Natural Gas Oil Imports in 2012 Gas Reserves Production 2.26mmbopd 37.2Bnboe Daily Oil…
Industry Opportunities & Challenges Opportunities Challenges Strong oilfield activity from divestees Bunkering & Theft 2014-2020 CAPEX: 3 billion across 5 of the 100,000bopd stolen and sold as far afield divested licenses (Wood…
First Wave of Divestments: Off to a Good Start Production as at Acquisition Time Vs. Current Production 80 70 60 50 000 boe/d 40 30 20 10 0 A B C D E F G Production as at Time of Acquisition Current…
Oando Energy Resources NIGERIA LEGEND Production phase Development phase Exploration phase Overview TSX Listing 94.6% owned by Oando PLC 2 Producing Abo Field OML 125 Ebendo Field OML 56 2 additional fields in…
2013 Asset Development Activities* OML 13 Qua Ibo OML 56 Ebendo OML 125 Abo 85.8MM 48.0MM 20.3MM 17.5MM Two wells have been Two additional wells have Two wells completed. TOTAL CAPEX successfully drilled and been drilled and…
Community Relations Ebendo Community Ultra Ebendo Community Transport Community Development Modern Market Investment Program Obodugwa Internal Road Independent Community Isumpe Community Town Hall Construction Development…
ConocoPhillips Nigeria Business Acquisition 1.66Bn 410MM 815MM 435MM 43kboepd Onshore Business Net Oil & Gas average production for 2012: 19kbopd (Oil) & 24kbopd (Gas) 220MMBOE Offshore 2P Reserves Business Onshore: OMLs…