Previous works in the Anambra basin had yielded little results, as of the eight wells drilled in the region, seven of them had gas with only found wi… - Deborah Ajakaiye

The IOCs operating in the country has cooperated with government with regard to the geological surveys by supplying data where demanded. “Now we don’t have enough data to attract investors, but after the studies companies can now begin to explore for oil based on the findings.

The Chinese have found 500 million barrels reserves in Chad itself and a pipeline is being laid to Segigi Field, where a refinery is being built, which is going to serve the whole of Chad. Also, another 500 million barrels were found in the Tannit in Niger, and we have similar soil structure and similar basin, which makes sense to intensify surveys in our own Chad Basin.

The NNPC had done an integrated study of the Chad Basin with 10 international companies, during which 23 oil wells were drilled and areas with oil and gas potential were determined.