.. to boost oil search in 7 in­land basins

Daily Trust - - NEWS - By Daniel Adugbo

The Nige­rian Na­tional Petroleum Cor­po­ra­tion (NNPC) has said that it will rein­vig­o­rate ex­ploratory ac­tiv­i­ties in the seven hy­dro­car­bon basins in the coun­try.

NNPC Group Manag­ing Direc­tor, Dr. Maikanti Baru, dis­closed this yes­ter­day when he re­ceived the Gov­er­nor of Yobe State, Al­haji Ibrahim Gei­dam, at the NNPC Tow­ers, Abuja.

He briefed the gov­er­nor and his en­tourage on efforts to in­crease the tempo of ex­ploratory ac­tiv­i­ties in the in­dus­try.

Ac­cord­ing to a state­ment by spokesman of the cor­po­ra­tion, Ndu Ughamadu, Dr. Baru stated that modal­i­ties were on to open up all the basins in the coun­try to prospec­tive in­vestors.

“We are on tar­get and we are look­ing at the prospec­tiv­ity of the whole basins of Niger Delta, Chad, Anam­bra, Benue Trough, Benin, Sokoto and Bida. We are fo­cused on de­liv­er­ing on these basins in line with our man­date,” he said.

The GMD said pre­lim­i­nary ex­ploratory ac­tiv­i­ties had in­di­cated some signs of hy­dro­car­bon in eastern Yobe of the Chad Basin, adding that once the cor­po­ra­tion re­ceived se­cu­rity clear­ance, the 3D seis­mic data ac­qui­si­tion in the area would con­tinue as sched­uled.

Baru noted that mod­ern tech­nol­ogy would be de­ployed in the ex­plo­ration of the Yobe sec­tion of the Chad Basin sim­i­lar to that de­ployed in the Borno side of the basin.

Ear­lier, Gov­er­nor Gei­dam said his visit was in­formed by the com­mit­ment of Pres­i­dent Muhammadu Buhari’s govern­ment to in­crease Nige­ria’s oil re­serves through ex­plo­ration of oil and gas in the Chad Basin.

“My visit is a fol­low-up to our re­quest on ex­plo­ration of oil in the Yobe sec­tion of Chad Basin,” Gei­dam said.

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