Oracle Overview An African focused emerging E&P company with an attractive pipeline of value accretive, near term upstream opportunities. Oracle is equipped with strong technical and financing capability, high level Nigeria centric…
Oracle Strategy Oracle has taken the following steps to achieve the aggressive growth goal: Identified Nigeria as the country with the greatest potential in terms of undeveloped oil reserves and acquisition opportunities. Built…
Oracle Management Team Darrell McKenna, Chairman 34 years of energy and leadership experience. Former COO of Kosmos Energy, and senior executive positions with Hess and Mobil Oil Corporation in Canada, US, Australia and Africa. Holds…
Oracle Management Team Martin Yeo, Chief Financial Officer - 27 years of experience with ExxonMobil, including executive financial positions in Nigeria, Equatorial Guinea, United States, Canada, Indonesia and Turkey. He is a…
Nigeria O&G Landscape Over 1000 discovered oil fields Only 35% developed IOC's divesting non core onshore assets, moving to deep offshore GON drive to increase level of local participation for acquisition of reserves and production…
Business Strategy Built for Success Aggressively pursuing identified attractive African exploration and development opportunities and maintaining maturing opportunity in Portugal Strengthening Board of Directors Motivated management…
Appendix Nigerian Geology Greenacres Bolad 9
Nigeria Geology Niger Delta is a prolific petroleum province Tertiary sand shale sequence up to 10 km thick Typical structures in the area are faulted rollover anticlines, with multiple sand reservoirs. Fields of interest have…
Greenacres Greenacres is comprised of key executives in the Nigerian oil industry. Basil Omiyi, Chairman and Director - 42 years of experience in the oil and gas industy and former Chairman of Shell Companies in Nigeria. Funsho…
Bolad Bolad Energy Company Limited (BOLAD) is an indigenous Nigerian oil & gas company, established by a core group of experienced former ExxonMobil professionals Babatunde (Segun) Agboola, Chairman of the Board 33 years…