(Ecofin Agency) - The Nigerian National Petroleum Corporation (NNPC) is increasing efforts to ensure a successful operation in the current search for crude oil in the Chad Basin as well as in other parts of the Inland Sedimentary Basin.
According to the Group Managing Director of NNPC, Maikanti Baru (photo), the search for hydrocarbon deposits in the Chad Basin would involve extensive analysis of some allocated and non-allocated oil blocks in the region with the aim of creating the magnitude of the deposits.He added that the Corporation had identified specific oil blocks in the area where some of the finds were discovered and would move to revive exploration based on new strategies.
“You know that very close home, we have exploration activities on the frontier basin in the Chad and some areas close to the Kolmani river where Shell had made some indicative discovery of hydrocarbons and the President has directed me to go into that area to reprove and further explore the magnitude and prospectivity of those finds. We are taking steps to re-strategize and get into those regions. We will re-invigorate the frontier exploration and see how they collaborate with NNPC that is holding Block A09 where some of the finds have been made and also Department for Petroleum Resources, DPR, for the other blocks that have not been assigned,” Garba Deen Muhammed, spokesperson for NNPC told Premium Times.
Anita Fatunji