President Muhammadu Buhari has instructed the Nigerian National Petroleum Corporation (NNPC) to deepen its search for oil in the north-east of Nigeria
According to a statement signed by the NNPC spokesman, Garba Deen Muhammad, NNPC will step up its operations in the search for oil in the Chad basin and other parts of the inland sedimentary basin.
The statement noted that this was in line with the president’s instruction for a “deeper inquest into the prospectivity of some hitherto neglected finds in some areas in the North Eastern part of Nigeria.”
Speaking during the reception of Bauchi State governor, Mohammed Abubakar, the Group Managing Director of NNPC, Maikanti Baru, noted that the search for oil in the Chad basin will involve extensive search and probing of oil wells so as to find out the size of its deposits.
He said, “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 Mr. 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.”