By using our website, you agree to the use of cookies as described in our Cookie Policy.

Main banner

Production of oil & gas in West Africa

Home-Assets-Map-Desktop.png (1)
Our assets

A distinct advantage

There is significant development and exploration upside on our two licences, OML 40 and OML 17 (Ubima).

OML 40

  • 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

Explore

Ubima

  • 13.1mmbbls net contingent resource to Eland
  • 31.1mmbbls gross 2C contingent resources
  • 88% initial production cash flow entitlement
Explore
UA copy.png
Ubima Appraisal

Ubima-1 represents Eland’s diversification towards production outside OML 40

View presentation
CEO-interview.png
Learn more about Eland

George Maxwell, CEO and Founder, gives an overview of the Company, and discusses our plans going into 2019

Media Library
Key-peformance-indicators.png
Key Performance Indicators

Our 2017 KPIs focussed on the fundamentals of operational success and our team delivered impressive results

Performance
Our experience

A strong track record

Experienced management team with over 100 years of in-country experience. Operational senior management based in Nigeria with strong relationships and local knowledge.

About Us
Our production

Maximising capacity

Production is increasing with 22,500 bopd producing from 4 wells.

Investors
8,743 (bopd) Average 2017 gross
production (OML 40)
>18.5K (bopd) Exit 2017
gross production
83.4 (mmbbls) Gross OML
40 reserves (2P)
124% 2P Reserves Replacement
$68.9m 2017
revenues
$36.7m cash
end 2017
$10bbl opex via Forcados only
excluding royalties
65days Opuama-7 Payback
Highlights

We continue into 2018 confident in the next phase of our growth.

Read more
Our business

We're focused on building and developing a portfolio of oil & gas assets.

Read more
Investment case

Since flotation in late 2012, Eland has seen considerable growth.

Read more
Our responsibility

Working closely
with local communities

We ensure that local communities benefit and participate in our strategy for growth.

Health & safety

We ensure all our operations are to the highest standards when it comes to H&S.

Environment

We do whatever we can to minimise our impact on our local environment.

Communities

Working closely with local communities is key to our success and growth.

Responsibility
Assets
Experience
Production
Responsibility