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Looking back to November 2004 when the Asuokpu/Umutu Marginal Field was handed over to Platform Petroleum Limited as sole Farmee/Operator, I must say that we have covered a lot of grounds in the intervening five odd years. By year end (2009) we would have fully met our target of assembling the building blocks for the creation of an enduring, world-class Nigerian Independent. We would have in place:
- A fully manned, 10kbd Flowstation
- 48km of evacuation Pipeline
- 24months of continuous crude Oil production with less than 2% production deferment
- A 30mmscfd Gas Plant(nearing completion) capable of feeding 100MT/day of LPG into the local market
- A fully manned corporate structure consisting of 78 permanent staff and 92 contract/outsourced staff (all Nigerians).
- A hitch free Farmor/Farmee relationship with Shell
- An efficient and hitch-free Crude Handling/Crude Sales arrangement with the ENI Group. more ..
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