Neconde Energy Limited, the Exploration and Production subsidiary of the Obijackson Group, said it is targeting 70,000 barrels per day (bpd) output from its oil mining lease, OML 42 located in the West Delta, The Guardian reports.

The Managing Director of the company, Frank Edozie, who made this disclosure in a statement yesterday, added that the company had taken some strategic steps, such as the rehabilitation of the Batan and Odidi flow stations, to enable it achieve the targeted peak gross production level.

Edozie said Neconde had also engaged in the revamping of Jones Creek and Egwa fields for the work-over of existing wells, and the development of others. These included the refurbishing of a gas Central Processing Facility (CPF) in Odidi as well as the commencement of re-entry of Odidi, Jones Creek fields Egwa 1 & 2.

 

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