Opening Nigeria's New Frontiers for Investment - Lake Chad, Bornu, Anambra Basin
Experts are of the opinion that Nigeria’s proven oil and gas reserves are been underestimated. Its prolific geology goes beyond the Niger Delta Basin to the new frontiers – Lake Chad, Bornu and Anambra Basin which have shown remarkable results of oil finds.
These new frontiers if exploited and produced adequately would skyrocket Nigeria’s daily production to compare significantly with that of Saudi Arabia or Iran, two front line OPEC producers.
As the government of Nigeria is becoming more transparent and creating enabling environment, it is vigorously looking at opening the new frontiers and increasing activities in those quarters in order to achieve her goals of increase production and economic buoyancy.
The opening of this new frontier is the fulcrum of Abiodun Adesanya’s presentation in the upcoming 10th Annual Sub-Saharan Africa Oil & Gas Conference scheduled for April 27 – 28, 2017 at Royal Sonesta Houston.
Adesanya, Managing Director of Degeconek Limited and President of Nigerian Association of Petroleum Explorationists’ (NAPE) will present a paper on “Advancing Nigeria’s New frontiers – Lake Chad, Borno and Anambra Basin for Investment”