Find more oil to meet 40m reserve target, GMD tell explorationists

Francis Kadiri

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation, Dr. Maikati Baru says the country will find more oil as well as double its current productions saying that the Nigerian Association of Petroleum Explorationists (NAPE) must deploy their wealth of knowledge and expertise to find more crude oil to meet the forty million barrels reserves target.

While saying that NNPC was currently involved in extensive exploration work in the inland basins with a view to finding more oil to grow the nation’s crude oil reserves, Dr. Baru described the group as the foundation of the oil industry on account of the critical role of its members in the oil and gas value chain urged members to go beyond convention and search deeper and wider to ensure the sustainability of the barrel by “finding more, producing more, and doubling production reserve ratios on a yearly basis”.

Discussing the purpose of their visit, President of  NAPE, Dr. Andrew Eyayeriese, informed the GMD of the group’s upcoming conference scheduled to hold from November 19th -23rd in Lagos and invited the GMD participate as keynote speaker at the event.

He expressed gratitude to the GMD for the corporation’s support over the years, especially in areas of sponsorship of events and staff participation in conferences and seminars.