Orient Petroleum Resource, PLC, Anambra state has said that it would increase production of crude oil in its wells to 3000 barrels per day by September this year
The managing director of Orient Petroleum Resources, Engineer Sunny Okoye disclosed this to newsmen yesterday after a meeting of the Board of Directors of the company and the state governor, Chief Willie Obiano at the Governor’s Lodge, Amawbia.
Okoye also said that the company had revved up activities in two new oil wells in its Aguleri oilfields that would shore up the company’s production capacity to 3000bpd before September this year.
According to him “Orient is not only working assiduously in boosting the production capacity of its oil wells, the company is also developing the vast gas resources in the state.
“We are dealing with gas development on two fronts. The first one is the gas production we have right now, side by side with oil. We are looking at how to transform it to an income earning resource.” Okoye explained.
However, it was gathered that the management of the firm has concluded an arrangement with an indigenous company – Nails & Stanley Ltd- to establish a gas plant in Umueje in Ayamelum Local Government Area of the state.
The managing director further stated that it was the drive to turn its gas resources into an income earner that informed the partnership it recently struck with Nails & Stanley in order to produce Compressed Natural Gas (CPG) that would be used for industrial power as well as powering automobiles and a sundry other activities.
In his words, “We are engaging Nails & Stanley for that. They are on track to install their compressor cans soon, and as soon as we are ready to flag their operations off in the state, we are going to develop the ANU Gas Field.
“We have a well which we are going to use to produce sufficient gas for increased power production in Anambra State. That’s the second plan of our gas development plan.”
Okoye also stated that Nails & Stanley “is a wholly owned by an indigenous company operated by some illustrious indigenes of the sate who are eager to lend hands to on-going efforts to build a prosperous Anambra State.”
It would be recalled that he refinery which was established by the Anambra state government under former governor of the state, Dr Chinwoke Mbadinuju was commissioned in August, 2012 by the former President, Good luck Jonathan.


Ad:See How you can turn $500 into $10,000 Click HERE For Details.
SHARE