Amni International Petroleum Development Company Limited (“Amni”), established in 1993, is a private independent, indigenous Nigerian oil & gas exploration & production company with interests in two concessions, namely OML’s 112 and 117 offshore Nigeria. As a Nigerian company, Amni enjoys strong community links and has done so since inception. We maintain a real commitment to creating value and remain one of the few truly indigenous upstream oil & gas companies headquartered in Nigeria.
Amni commenced oil production in 1996. Our existing oil production comes via the IMA and Okoro fields daily at circa 17,000 barrels of oil per day. TOTAL farmed into our concessions in 2005 with a 40 per cent interest and assumed Operatorship of the significant IMA gas reserves. Amni retains Operatorship of the Okoro and Ima oil fields following TOTAL’s relinquishment of their oil interests. Both companies will look to develop the substantial IMA gas (2C: 1.6TCF) reservoirs in the short term, with IMA being well positioned in shallow waters to the south of the Niger Delta, and in close proximity of existing and planned infrastructure (LNG plants and potential gas projects).
The Okoro and Setu East Fields are located within OML 112, again in shallow water, and in close proximity. Amni contracted Afren Energy Resources Limited to develop – first and foremost – the Okoro Field. We began producing from the Okoro Field in 2008, total production to date is over 21 million barrels of oil. Recent exploration revealed a structure to the east of the Okoro field. Initial indications suggest the new structure will be at least as large as the main Okoro field. Production of the new discovery will commence in the summer of 2012.
Amni seeks to expand its reserve/production base through acquisition of country-based assets, mergers and acquisitions. Furthermore, we will continue to work with communities in the Delta and continue oil and gas production in the area gratefully supporting the government’s drive to increase indigenous company exposure to development opportunities in the region.
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