Chairman’s Statement

I am very proud of the achievements that Oriental has accomplished in the Nigerian Oil and Gas Industry over the last 20 years. From our beginnings in 1990, with the allocation of OPL 224 from the Government of the Federal Republic of Nigeria, we have expanded to incorporate holdings in OML 115, the Ebok Field [OML 67], and the Okwok Field [OML 67].

We have overcome an international boundary dispute and the settlement that stemmed from such.  We have had over the years the mixed results and the false starts that are common in this industry, but through perseverance, we are happy to say that Oriental, with our JV Partner Afren Energy Resources, is embarking on what will be one of the largest independent oil developments in Nigeria to date.

This has been accomplished by the support and guidance of the Nigerian Ministry of Petroleum Resources and the Nigerian Department of Petroleum Resources.  This support has been combined with the formation of strategic alliances which allowed us to compliment our local knowledge and experience of the Nigerian Oil & Gas Industry with world class technologies and practices through a series of Joint Ventures and Technical Services Agreements.

I feel that the future is bright for Oriental Energy Resources. We at Oriental will not be satisfied until we live up to our Vision which is that “Oriental will set the standard that all other E&P Companies in the Nigerian Oil & Gas Industry will be compared against.”

Alhaji (Dr.) Muhammadu Indimi

Executive Chairman and CEO
Oriental Energy Resources Limited

Chairman