A strong indigenous independent with consistently strong balance sheet and good returns to all stakeholders.
We will ensure that all our stakeholders derive optimum benefits and satisfaction from the business we do.
Our Business Model
Our Stakeholders
1. Our Shareholders
2. Our Staff
3. Our Host Government (Federal, State and Local)
4. Our Host Communities
5. Our Suppliers and Contractors
Create and Capture Optimum Value in The Assets We Operate
Grow Production and Reserve Base
Capture The Full Value of The Oil and Gas Chain
Explore, Appraise, Develop and Produce Crude Oil
Our Nitch
Onshore Crude Oil and Gas Fields Development, Production, Processing and Marketing.
Nigerian Oil & Gas News
- Nigeria: Sirius Petroleum signs MoU with Baker Hughes for OML 65 development July 26, 2021Sirius Petroleum has signed a Memorandum of Understanding with Baker Hughes. The MOU appoints Baker Hughes as the approved services provider to Phase 1 of the approved work programme of the OML 65 Licence, a large onshore block in the western Niger Delta, Nigeria. […]
- Nigeria: Decklar Resources announces Share Purchase Agreement to participate in Asaramatoru oil field in OML 11 in Nigeria July 16, 2021Decklar Resources has signed a Share Purchase Agreement signed to purchase all outstanding shares of Purion Energy, which has a Risk Finance and Technical Services Agreement with Prime Exploration and Production to participate in the Asaramatoru oil field in Nigeria. […]
- Nigeria: Decklar Resources announces update on Oza-1 well re-entry July 16, 2021Decklar Resources has announced an update to operations at the Oza-1 well re-entry at the Oza oil field, located onshore in the northern part of Oil Mining License (OML) 11 in Nigeria. […]
- Nigeria: Shelf Drilling awarded contract for the Baltic jack-up rig June 29, 2021Shelf Drilling has secured a contract for the Baltic jack-up rig with Total E&P Nigeria for operations offshore Nigeria. The contract duration is for five wells – estimated to be 380 days, plus additional option period, and is expected to commence in June 2021. […]
- Nigeria: Africa Oil announces the receipt of Prime dividend and provides positive Egina field operational update June 29, 2021Africa Oil Corp has announced that it has received its seventh dividend from Prime Oil and Gas. The Company has also updated the markets on a significant increase in the Egina oil field production, offshore Nigeria. […]