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Welcome to NDEP's Q4 2016 Newsletter. Despite the prevailing low oil prices and reoccurring disruptions to production, itself leading to revenue loss in Nigeria's oil and gas sector,  NDEP continues to fulfill its obligations.

Deriving from the forward-looking investments and diversification of revenue streams, the Company is ending the year on a positive note. 

                                                                                               Ogbele Mini Refinery

Diesel Production Update

Diesel production continues to provide a significant revenue stream for your Company. Between August and October 2016, diesel production hit an all time high volume of 34,878 bbls ( 5,544 ,845 litres). 

The Ogbele Refinery Capacity Expansion project is well underway, with the majority of the engineering design work completed. The expansion is planned to increase processing capacity initially to 6,000bpd of crude oil and a 2nd stage increase to 11,000bpd in the immediate future. The Refinery expansion will position NDPR to handle more efficiently the challenges posed by the frequent and reoccurring unavailability of the Bonny export Terminal.  

                                                                                                                                      Ogbele Flowstation

Oil Production Update

In October we witnessed our 11th year anniversary of 1st injection of Crude Oil into Bonny Terminal from Ogbele Field. As at the end of October 2016, 11.23MM bbls have flowed from Ogbele into the Bonny Terminal. For the period August to October 2016, total oil production was 370,197bbls (crude and condensate). 

Gas Development and Production 

In October 2015, NDPR delivered gas from Ogbele, to its 1st Nigerian Domestic Gas customer- PGINL (Power Gas Global Investment Nigeria Limited), another impressive milestone for your Company. From August –October 2016, total gas production was 2,726.39MMscf, made up of 2,589.81MMscf NAG and 136.573MMscf AG.

The Company continues to excel in limiting gas flare only to the barest minimum (Technical Flare). We look forward to a full year disclosure and filling since the endorsement of the World Bank 2030 Global Gas Flare down Initiative. 

NDPR's 3rd NAPE Outing

In November, NDPR participated yet again and exhibited at the 2016 NAPE 34th Annual International Conference & Exhibitions, under the theme, Nigerian Oil & Gas Industry: Tackling our Realities. During the Exhibition, NDPR held several talk sessions for students and young professionals, which included a healthcare presentation.  

                                                                                               Dr. Fatona with Mr Peter Oriaifo, a NAPE Delegate

                                                                                               NDPR Staff at NAPE

                                                              Students at an NDPR Presentation, led by Patrick Ekong 


NDPR emerged as a successful bidder of the Ngassa block in Uganda, and has been paired with Oranto Petroleum. This was the result of over 4 years of sustained effort, starting with an initial outing with the Ministry of Petroleum to Kampala on the introduction of the Nigerian High Commission in Entebbe. 

A visiting delegation of Ugandan Officers came to tour NDPR's facilities at Ogbele and the Lagos Head Office. This achievement is a further realization of NDPR’s Pan African growth vision.

NDPR Inaugurates 3rd Board of Trustees of The Host Community Development Trust 

Niger Delta Petroleum Resources Ltd (NDPR) inaugurated the 3 rd Board of Trustees of the pioneering Host Community Environment & Development Trust at a recent ceremony in Port Harcourt. 

The inaugurated Trustees were Chief Chambers O. Oyibo (Chairman), Dr. Tobias Simon T. Toby, Dr (Mrs.) Esohe Molokwu, Dr. (Mrs) Georgiana Ngeri Nwagha, Chief Enyinda Chukwu, and Mr, Ede Osayande. The collective skills and experience of the Trustees will be of immense benefit to the host communities.


NDPR Adopted as Corporate Citizen of Njaba - Obeakpu Autonomous Community in Imo State

                                                                                                               Women of Njaba - Obeakpu Community 

Niger Delta Petroleum Resources (NDPR Ltd) has been awarded the status of Corporate Citizen of Njaba-Obeakpu Autonomous Community in Imo State.
The unique status was conferred by the Eze of Njaba - HRH Laz Nwaozor, at the official launching and commissioning of the Njaba-Obeakpu Autonomous Community Water supply project in October 2016, sponsored by NDPR.


RIP To A Pioneer!

It is with sadness that we report that a founding member and Pioneer Director of the Company, Mr Sammy Oluwaseun Olagbaju, has passed. He was a celebrated stock broker, investment banker and art collector. 

He will be greatly missed.  May his soul rest in perfect peace.
To read a message from Dr ‘Layi Fatona MD NDEP Plc, posted on what would have been Mr Olagbaju’s birthday, click here.
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Niger Delta Exploration and Production · 15 Babatunde Jose Road · Victoria Island 2341 · Nigeria

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