A distinct advantage
There is significant development and exploration upside on our two licences, OML 40 and OML 17 (Ubima).
- 22,000 bopd gross from producing field
- 254.5 mmbbls gross best estimate prospective resources
- 41.2 mmbbls outstanding upside of partly developed reserve base
- 13.1mmbbls net contingent resource to Eland
- 31.1mmbbls gross 2C contingent resources
- 88% initial production cash flow entitlement