An in depth review of oil blocks saga

Jonathan introduces oil license expiration of 100 years

The real reason why Jonathan wants to be ousted

Feb. 26 (Bloomberg) -- Nigeria, Africa’s biggest oil producer, won’t award new oil exploration licenses until lawmakers pass a reform bill now being considered, Department of Petroleum Resources Director Osten Olorunsola said.
“You need firm commitment and firm predictability of the law,” he said in a Feb. 21 interview in Abuja, the capital. “We have to wait for the bill to be passed.”
The Petroleum Industry Bill, first sent to the National Assembly in 2008, didn’t become law during the tenure of a previous legislature and was reintroduced by President Goodluck Jonathan in July. Fiscal provisions in the bill seek to raise Nigeria’s share of revenue to 73 percent from 61 percent, Petroleum Minister Diezani Alison-Madueke said on Sept. 28.
Royal Dutch Shell Plc, Exxon Mobil Corp., Chevron Corp., Total SA and Eni SpA run joint ventures with the state-owned Nigerian National Petroleum Corp. that pump more than 90 percent of the country’s oil. The West African nation last held an oil licensing round in 2007.
“The major concern is that oil production has remained virtually stationary over the past few years due to the lack of investment in the sector which partially reflects the uncertainty surrounding,” the bill, Samir Gadio, a London-based emerging-markets strategist at Standard Bank Plc, said in an e-mailed reply to questions today.
Stagnant Investment
Companies including Shell and Exxon Mobil have criticized the fiscal terms as likely to make investment in offshore oilfields unprofitable. Most have held back on funding more exploration while Shell and ConocoPhillips have sold some of their onshore assets to Nigerian companies.
Bonny Light Crude, Nigeria’s top export grade, gained 0.1 percent to $115.35 by 11:19 a.m. in London, the lowest since Feb. 21. Oil exports account for more than 90 percent of the country’s export earnings and about 80 percent of government revenue, according to the Petroleum Ministry.
While the major energy companies have “toned down their investments” and shunned exploration because of uncertainty about the new law, smaller producers are increasing drilling activities as they seek to boost output, Olorunsola said.
Companies including London-based Heritage Oil Plc and Lagos-based Neconde Energy Ltd. bought stakes in Nigerian oil fields jointly owned by Shell, Total and Eni. Oando Plc, a Nigerian energy company, purchased the local unit of ConocoPhillips.
Smaller Producers
“A lot of that is coming from all these indigenous companies that are buying assets from Shell as well as some success from some marginal field holders,” Olorunsola said, referring to areas producing volumes of crude too low to be profitable for bigger companies. “We had about 10 rigs, much more in comparable terms and timing in 2012. And that just shows the success of all these divestments.”
Forty-seven oil rigs were operating in the country’s Niger River delta region in the fourth quarter compared with 37 a year earlier, according to the Department of Petroleum Resources.
Nigeria’s crude oil reserves were down 1.9 percent to 36.5 billion barrels in 2012 from 37.2 billion barrels a year earlier. Average daily oil and condensate output stands at 2.6 million barrels, according to the regulator.
That's why Jonathan is by all means has gathered hatred to himself by ill minded politicians
There will be a bidding process to be held some months after election

To contact the reporters on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net |
http://www.bloomberg.com/news/articles/2013-02-25/nigeria-oil-licenses-to-await-new-industry-law-regulator-says

Continuing from previous post

30 Facts about Owners of Nigeria’s Richest Oil Blocks in the Midst of National Poverty



~ By Rev. Obinna Akukwe

The richest oil blocks in Nigeria is owned by few dozens of persons while half of 160 million Nigerians live below S1 dollar daily. This injustice and wickedness must be corrected by whosoever wins the elections - whether Buhari, Jonathan, Interim Government, Boko Haram or civilian revolution. When I wrote the report titled ‘How Babangida, Abacha, Abdulsalami, Obasanjo Shared Nigeria’s Oil Blocks’ in April 2012, which was later rephrased as ‘20 Owners of Richest Oil Blocks in Nigeria ’ I had thought that the uproar and public condemnation that followed the report both nationally and internationally will precipitate an administrative investigation into the manner of the awards to sift the transparent deals which passed due diligence from those awarded after some bedroom performances. It is unfortunate that President Jonathan failed to revoke these illegal licenses to few criminals during his first tenure. Instead some more blocks and contracts were given another set of criminals under his watch. Had he taken such actions, the fear of defeat in the pols would have been non-existent because Nigerians from all tribes and faith enslaved by this bondage would have risen in his defense. It is not yet late for Jonathan, Buhari, Interim Government or even Boko Haram which soever succeeds in May 29th to revisit the disturbing sharing of Nigeria’s Oil Blocks to a few persons without recourse to transparency and put it back into the hands of the people.Those who proved they obtained theirs transparently should not be victimized under any circumstances.


Below again are the 30 Facts about the Fraudulent Sharing of Nigeria’s Oil Blocks and those involved

(1)The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of over $20 billion dollars without recourse to any process outside of manhood attachments. Babangida, Abacha, Abdulsalami and Obasanjo awarded discretionary oil blocks to friends, associates, family members, party chieftains, security chiefs and all categories of bootlickers, spokespersons and cult members without any laid down procedures.

(2)The recipients of such oil blocks will get funds from ever willing offshore financiers and partners to graciously settle the benefactors, the awarders, facilitators and the Commander-in-Chief through fronts. These settlements mostly paid into foreign accounts runs into hundreds of millions of dollars according to the potential yield of the block. Sometimes, the awarder (sharer of national cake and direct intermediaries) demand additional stakes in the bidding company. The awarder sends fronts as part of the directorship and management of the bidding firms without leaving a link to them. That is how the oil block national cake is distributed to a few Nigerians.

(3) Signature bonuses which are paid when an investor successfully bids, wins and signs agreement with the petroleum ministry, running into tens of millions and sometimes hundreds of millions of naira ,is often waived off. There is actually no waiver; rather a diversion of what would have been paid to government coffers is paid into private purse as appreciation gifts. That is why those in the Petroleum Ministry dread retirement as though it signifies going to hell fire. No matter how little your influence, something substantial must enter your hands especially in hard currency. The nation loses billions of dollars in diverted revenue whenever any round of auction occurs.

Some of these oil field has the capacity of between 300,000 -500,000 barrels of oil daily.

(4) OML 110 OBE given by Sanni Abacha in 1996 to Alhaji Mai Daribe under Cavendish Petroleum had estimated over 500 million barrels of oil. In layman’s language and

(6) OML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an in-law to Abdulsalami Abubakar, former Head of State of Nigeria.
(7) OML 115, OLDWOK Field and EBOK field was awarded to Alhaji Mohammed Indimi from Niger State. Indimi is an inlaw to former Military President Ibrahim Babangida.

( OML 215 is operated by Nor East Petroleum Limited owned by Alhaji Saleh Mohammed Gambo.

(9) OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata. Obasanjo , with the help of Andy Uba, awarded OPL 2008 to Tenoil Petroleum & Oil Services owned by Tony Elumelu and Jim Ovia
(10) OPL 2009 and 2010 were awarded to Global Energy Group owned by Chief Suleiman Onabiyi and Joseph Obiago . That is why a lot of major players in the oil industry owes Obasanjo and Andy Uba a lot.

(11) OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo. Asuopku/Umuntu ( Egbema marginal oil fields) was awarded to Platform Petroleum in 2003 by Obasanjo.
(12) In 2010 Platform Petroleum (owned by Edmund Daukoru,a Bayelsa prince and Lulu Briggs among others) and Seplat ( owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi) teamed up in landmark partnership to manage the venture.

(13) Intel owned by Atiku, Yar’adua and Ado Bayero has substantial stakes in Nigeria’s oil exploration industry both in Nigeria and Principe and Sao Tome. AMNI owns two oil blocks OML 112 and OML 117 which it runs Afren plc and Vitol has substantial stakes in oil blocks.

(14) OML 112 is estimated to have 130 million barrels of oil valued with the current price of $100 dollars per barrel at S13 billion dollars with 25 year lease.

(15) Afren plc is operating EBOK oil fields in OML 67. Vitol lifts 300,000 barrels of Nigerian oil daily. Rilwanu Lukman, former OPEC Chairman has stakes in all these named three companies.

(16) OPL 245 was awarded to Malabu Oil& Gas Company by Sanni Abacha. Dan Etete, Abacha’s oil minister owns Malabu Oil. In 2000, Vice President Atiku Abubakar convinced Obasanjo to revoke OPL 245 given to Malabu Oil. Etete had earlier rejected Atiku’s demand for substantial stakes in the high yield

(17) OPL 245 and it attracted the venom of Ota Majesty who revoked the licence. However, in 2006, Obasanjo had mercy on Dan Etete and gave him back his oil block worth over $20billion dollars.

(18) OPL 289 and OPL 233 was awarded during Obasanjo era to Peter Odili fronts, Cleanwater Consortium, consisting of Clenwater Refinery and RivGas Petroleum and Gas Company. Odili’s brother in law, Okey Ezenwa manages the consortium as Vice Chairman.

(19) OPL 286 is managed by Focus Energy in partnership with BG Group, a British oil concern. Andy Uba has stakes in Focus Energy and his modus operandi is such that you can never see his name in any listings yet he controls OPL and OML through proxies.

(20) OPL 291 was awarded to Starcrest Energy Nigeria Limited, owned by Emeka Offor by Obasanjo . Immediately after the award, Starcrest sold the oil block to Addax Petroleum Development Company Limited (ADDAX) Addax paid Sir Emeka Offor a farming fee of $35million dollars and still paid the signature bonus to the government. Emeka Offor still retains stake in ADDAX operations in Nigeria.

(21) Mike Adenuga’s Conoil is the oldest indigenous oil exploration industry in Nigeria. Conoil has six oil blocks and exports above 200,000 barrels of crude daily.

(22) The oil block national cake sharing fiesta could take twists according to the mood of the Commander-in “Chief at the particular time. In 2006, Obasanjo revoked OPL 246 which Abacha gave to Danjuma because he refused to support the tenure elongation bid of the Ota Majesty.

(23) In 2000, Obasanjo had earlier revoked OPL 241 given to Dan Etete under the advice Atiku. However, when the Obasanjo-Atiku face off started, the Ota Majesty made a u-turn and handed back the oil block to Etete.

(24) During the time of Late President Yar’adua , a panel headed by Olusegun Ogunj

Oil Wells
06:07:00 pm, by admin , 1697 words
Categories: News, Nigerian News, World News, African News, African Issue, Tellers and Global Viewers


*How Babangida, Abacha, Obasanjo Shared Nigeria's Oil Wells
-Masterweb Reports (Submission By Obinna Akukwe)
The process of sharing Nigeria’s oil block national cake is as fraudulent now as when Ibrahim Babangida started the process of discretionary allocation of oil blocks to indigenous firms. Discretionary allocation of oil blocks entails that a president can reward a mistress who performs wonderfully with an oil block with capacity for cumulative yield of over $20 billion dollars without recourse to any process outside of manhood attachments. Babangida, Abacha, Abdulsalami and Obasanjo awarded discretionary oil blocks to friends, associates, family members, party chieftains, security chiefs and all categories of bootlickers, spokespersons and cult members without any laid down procedures.
The recipients of such oil blocks will get funds from ever willing offshore financiers and partners to graciously settle the benefactors, the awarders, facilitators and the Commander-in-Chief through fronts. These settlements mostly paid into foreign accounts runs into hundreds of millions of dollars according to the potential yield of the block. Sometimes, the awarder (sharer of national cake and direct intermediaries) demand additional stakes in the bidding company. The awarder sends fronts as part of the directorship and management of the bidding firms without leaving a link to them. That is how the oil block national cake is distributed to a few Nigerians. ( Continues below..... )

Photo Above: Nigerian Presidecies Fraud Alert Symbol
Signature bonuses which are paid when an investor successfully bids, wins and signs agreement with the petroleum ministry, running into tens of millions and sometimes hundreds of millions of naira ,is often waived off. There is actually no waiver; rather a diversion of what would have been paid to government t coffers is paid into private purse as appreciation gifts. That is why those in the Petroleum Ministry dread retirement as though it signifies going to hell fire. No matter how little your influence, something substantial must enter your hands especially in hard currency. The nation loses billions of dollars in diverted revenue whenever any round of auction occurs.
OML 110 with high yield OBE oil fields was given Cavendish Petroleum owned by Alhaji Mai Daribe, the Borno Patriarch in 1996 by Sanni Abacha. OBE oil field has estimated over 500 million barrels of oil. In layman’s language and using average benchmark of $100 dollars per barrel, translates to $50 billion dollars worth of oil reserve. When you remove the taxes, royalties and sundry duties worth about 60% of the reserve payable over time you get about $20billion dollars worth of oil in the hands of a family. ( Continues below..... )

Photo Above: Late Sanni Abacha
OPL 246 was awarded to SAPETRO, a company owned by General Theophilus Danjuma, by Sanni Abacha in 1998. Akpo condensate exports about 300,000 barrels of crude daily.
OML 112 and OML 117 were awarded to AMNI International Petroleum Development Company owned by Colonel Sanni Bello in 1999. Sanni Bello is an inlaw to Abdulsalami Abubakar, former Head of State of Nigeria.
OML 115, OLDWOK Field and EBOK field was awarded to Alhaji Mohammed Indimi from Niger State. Indimi is an inlaw to former Military President Ibrahim Babangida.
OML 215 is operated by Nor East Petroleum Limited owned by Alhaji Saleh Mohammed Gambo.
OML 108 is operated by Express Petroleum Company Limited is owned by Alhaji Aminu Dantata.
OML II3 allocated to Yinka Folawiyo Pet Ltd is owned by Alhaji W.I. folawiyo.
ASUOKPU/UMUTU marginal oil fields is operated by Seplat Petroleum. Seplat is owned by Prince Nasiru Ado Bayero, cousin to the Central Bank Governor Lamido Sanusi. This oil field has the capacity of 300,000 barrels of oil daily. This translates to $30million dollars daily at average benchmark of $100 dollars per barrel. Deducting all sundry taxes, royalt

I AGREE A 100% WITH SENATOR CHRIS ANYANWU ON THE 10%
HOST COMMUNITY FUND.
IT'S AN EMBARRASSMENT ON OUR CONSCIENCE THAT THIS HAS TO BE A SUBJECT OF DEBATE. COMMON SENSE

IF THE NORTH, SPECIFICALLY, THE OIL WELL LICENSE OWNERS ARE AFRAID OF THE LICENCE REVOCATION AT THIS PERIOD IN TIME;
I WOULD CALL A LACK OF BUSINESS INSIGHT.
I WOULD CALL THEM BUSINESS MEN IN DELIRIUM,
SLEEPING ON THEIR BUSINESS FORECAST AND TAKING THE PEOPLE FOR GRANTED.

HERE ARE MY REASONS; A CHILD HAVE CARETAKERS CONTROL HIS ESTATE UNTIL HE GROWS UP, BECOMES AN ADULT AND ABLE TO HANDLE THAT WHICH IS HIS.

NIGER DELTA OIL BELONGS AND ALWAYS BELONGED TO NIGER DELTA WHERE GOD PLACED THAT RESOURCE, BUT BECAUSE THEY WEREN'T MATURE ENOUGH AT THE TIME OF THAT DISCOVERY HAD STRANGERS PLUNDER THAT WHICH BELONGED TO THEM AND NIGERIA.

NIGER DELTANS AND THE SOUTH ARE NOW AWARE AND KINDLY ASKING TO SHARE (NOT TOTALLY TAKE OVER EVERYTHING) AND SOMEBODY IS AFRAID OF WHAT NOW?

AND DID DANJUMA HAVE THE EFFRONTERY TO ASK FOR THE ARREST OF THE YOUNG MEN ASKING FOR WHAT IS THEIRS; (I AM WITH TOMPOLO IN DEMANDING FOR AN OFFICIAL APOLOGY FROM DANJUMA OR OTHERWISE........)

IF DANJUMA IS A SAVVY AND JUST BUSINESS MAN, WOULD ANYONE TELL HIM TO MAKE HAPPY THE PEOPLE, WHOSE WEALTH HE HAS PLUNDERED OVER THE YEARS FOR HIS SELFISH ADVANTAGE?

THE BRITISH GOVERNMENT COLONIZED NIGERIA ALONGSIDE MANY OTHER NATIONS AROUND THE WORLD, MADE THEMSELVES HAPPY WITH THEIR HOSTS NATURAL RESOURCES BUT THEY GAVE AT LEAST WESTERN EDUCATION, WHICH TILL DATE IS APPLAUDABLE; THAT THEY KNEW TO GIVE BACK SOMETHING IN EXCHANGE TO TAKING THE PEOPLE'S WEALTH.

NIGERIAN OIL PLUNDERERS SHOULD HAVE TAKEN THIS LESSON FROM BRITAIN AND OTHER COLONIAL MASTERS, TO AT LEAST GIVE SOMETHING BACK TO THOSE THEY REGARDED AS THEIR ECONOMIC SLAVES. SO THEY HAVE SOMETHING TO SHOW FOR OCCUPATION AFTER THEIR EXIT.

WELL EVERY COLONIAL MASTER LIKE BRITAIN LEFT WHEN THE PEOPLE DEMANDED THEY DO.
THEREFORE EVERY OIL WELL LICENSE OWNER HAVE TO RELINQUISH THEIR LICENSE BECAUSE THE RIGHTFUL OWNERS OF THE ECONOMIC PROPERTY WANT IT SO.
THEY ARE ASKING FOR NEGOTIATIONS WHICH LEAVES THE FORMER OWNERS IN A GOOD PLACE.

BUT WHOEVER IN WHATEVER UMBRELLA; CALL THEM NORTH, EAST, SOUTH OR WEST THINKS IT WOULD BE OTHERWISE; SHOULD KNOW THAT THERE'S MORE COMING.

THE VERDICT:
YOU WILL REALIZE LIKE SENATOR DANJUMA GOJE THAT TIMES HAVE CHANGED; THE PEOPLE HAVE SPOKEN; YOU EITHER LISTEN TO THEM OR GET RELEGATED TO THE SIDELINE, THEREFORE MUST COMPLY WITH THE NEW CONDITIONS.

I AGREE A 100% WITH SENATOR CHRIS ANYANWU ON THE 10%
HOST COMMUNITY FUND.
IT'S AN EMBARRASSMENT ON OUR CONSCIENCE THAT THIS HAS TO BE A SUBJECT OF DEBATE. COMMON HUMAN SENSE TELLS YOU, YOU FEED THE HANDS THAT LABOR FOR YOU; BUT THIS TIME, IT'S CALLED GIVING BACK TO THE LAND THAT ENRICH YOU.
THE 10% HOST COMMUNITY FUND IS NOT NEGOTIABLE.
WE SHOULD ALL REMEMBER THAT ALL THE MINERALS IN THE NORTH SOLELY BELONG TO THEIR HOST COMMUNITIES.
THEREFORE WE MUST NOT SHIFT FROM THE COMPLETE IMPLEMENTATION OF THIS 10% HOST COMMUNITY PROPOSAL.

FINALLY REVOCATION OF THE PREVIOUS LICENSES IS A DONE DEAL, WITH OR WITHOUT PRESIDENT JONATHAN. THE SOONER THE OIL WELL LICENCE OWNERS ACCEPT THIS, THE BETTER FOR ALL AND SUNDRY.

TO EVERYTHING IN LIFE, THERE'S A BEGINNING AND AN ENDING.
THEIR ECONOMIC OCCUPATION OF THE OIL WEALTH HAD A COMMENCEMENT DATE, AND FORTUNATELY, JUST GOT EXPIRED.
WHAT'S THERE TO FIGHT AND STRUGGLE ABOUT; THE RICHES THEY EM MASSED, ISN'T ENOUGH JUST YET?

THERE SHOULD BE FEDERAL CHARACTER REPRESENTED. WHEREBY, NOT MORE THAN 25% OF OIL BLOCKS GO TO A PARTICULAR REGION. EAST, WEST, NORTH AND SOUTH RESPECTIVELY.

THE IMPLEMENTATION OF THIS WOULD BE THE BEGINNING OF MOVING NIGERIA FORWARD AS A NATION WHERE ALL THE CITIZENS ARE RESPECTED AND HAVE SENSE OF BELONGING.

ESTHER CHIKERE.

NORTH FEARS REVOCATION OF OIL WELL LICENCE, WANTS JONATHAN TO BE REMOVED AT ALL COST.

on February 4, 2015 | 0 Comment
News SNN OPINION

AMID a raging debate on the Petroleum Industry
Bill, Chairman of the Senate Committee on
Business and Rules, Senator Ita Enang, on
Wednesday, said that 83 per cent of oil blocks in
the country are owned by Northerners.
“There should be equity and federal character in
the allocation of oil blocks in this country. Eighty-
three per cent of all present oil blocks are held by
northerners,” Enang said on the floor of the
Senate, without any of the senior lawmakers
contradicting him.
Enang, representing Akwa Ibom North-East (Uyo)
Senatorial District, therefore demanded a review of
oil block licences in the country even as other
senators from the South urged him on.
Enang’s disclosures came a day after the debate
on the Petroleum Industry Bill had split the
senators along North-South lines. The senators
held a rowdy session as those from the north
stoutly opposed the provision of 10 per cent Host
Community Fund in the bill.
The provision requires operating companies in the
Niger Delta, home to Nigeria’s vast oil resource,
to pay 10 per cent of their net profits to the fund
for the development of the communities.
Strengthening his submission, Senator Enang
gave a summary of major oil blocks vis-a-vis
their ownership.
Enang said Cavendish Petroleum, the operators of
OML 110, awarded to Alhaji Mai Deribe of Borno
State (North East), makes an average of about
N4bn monthly.
He said, “Seplat/Platform Petroleum, operators of
the ASUOKPU/UMUTU marginal field has Prince
Sanusi Lamido (not former CBN Governor) as a
major
shareholder and Director.
“South Atlantic Petroleum Limited (SAPETRO), was
established by Gen. Theophilus Yakubu Danjuma,
who is also the Chairman of ENI Nigeria Limited.
SAPETRO partnered with Total Upstream Nigeria
Limited (TUPNI) and Brasoil Oil Services Company
Nigeria Lomited to become operators of the OPL
246.
“AMNI International Petroleum and Development
Company is owned by Alhaji (Colonel) Sani Bello
of Kotangora, Niger State. They are operators of
OML 112 and OML 117.
“A former Petroleum minister and former OPEC
chairman, Rilwanu Lukman, another northerner,
manages AMNI oil blocks and with very key
interests in the NNPC/Vitol trading deal.
“Oriental Energy Resources Limited, a company
owned by Alhaji Indimi, runs three oil blocks:
OML 15, the Okwok field and the Ebok field.
“Alhaji Aminu Dantata’s Express Petroleum and
Gas Limited operates OML 108.
“OML 113 allocated to Yinka Folawiyo Petroleum
Limited is owned by Alhaji. W.I. Folawiyo.
“OPL 291 was awarded to Starcrest Energy Nigeria
Limited, owned by Emeka Offor, which was sold
by Starcrest to Addax Petroleum. Emeka Offor still
has a stake in Addax operations in Nigeria.
“Mike Adenuga’s Conoil is the oldest indigenous
oil exploration industry in Nigeria with six oil
blocks;
“Alhaji Saleh Mohammed Gambo’s North East
Petroleum Limited is the holder of the OPL 215
licence. NOREASTER Petroleum was awarded
blocks OPL 276 and OPL 283 and closing
thereupon a Joint Venture Agreement with
Centrica Resources Nigeria Limited and CCC Oil
and Gas.
“INTEL is owned by (Abubakar) Atiku, Yar’Adua
and Ado Bayero and has substantial stakes in
Nigeria’s oil exploration industry, both in Nigeria
and Sao Tome and Principe.
“These need to be looked into, revoked and re-
awarded. The Federal Character which is a
principle applicable in every aspect of our national
existence should also be brought to bear in the
application of our oil blocks, marginal fields and
prospecting licences.”
Enang’s disclosures came amid a consensus
among the lawmakers on the need to let the bill
sail through second reading, while further
legislative work would take care of the
contentious issues.
Enang, who spoke in support of the PIB, also
argued for the retention of the 10 per cent host
community fund, adding that it did not amount to
an additional derivation.
Speaking also in favour of the bill, Senator Chris
Anyanwu (Imo East) said the bill would address
the issue of corruption in the oil sector
http://supremenewsng.com/news/north-fears-revocation-of-oil-well-licence-wants-jonathan-to-be-removed-at-all-cost/

Am tired of posting links my head has been bombed and and has expanded by 22 sq meter by this revelation.

Then stop spreading falsehood.

It's a great piece of mischief when you say 83% of oil blocks are owned by northerners.

I'm sick and tired of having to correct this notion but I would continue to do so as my conscience wouldn't let me see such misinformation being deliberately broadcast.

For your information :

Indigenous Operators

S/No

Name of Operator

LicenCe

Year of Award

Names of Directors/shareholders

1

Alfred James Petroleum

OPL 302

1991

Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman

2

Soglas Nigeria Limited

OPL 226

1991

Oscar P. Udoji, P.E Udoji, E.E. Nwosu, with J.O. Udoji as Chairman

3

NorthEast Petroleum

OPL 215, 840 &902

1991

Kommer Complex Limited, Nwokema Ngozi Mbu, Abubakar Jubril and Ashiru B. Aliu, A. Ayankoya with Saleh Jambo as Chairman

4

Optimum Petroleum

OPL 310

1992

R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman

5

Sunlink Petroleum

OPL 238 & OPL 311

1993

Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, Martins Olisa, John Brunner and Emmanuel Ojei

6

Express Petroleum

OPL 108 & 227

1995

Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman

7

Dubril Oil Co. Nigeria

OPL 96

1987

B.N. Itsueli, C.A. Itsueli, O.O. Itsueli, A.E. Ihuegbu with U.J. Itsueli as Chairman.

8

Amni Int. Petroleum

OPL 112 &117

1998 &1999

E.C Edozien, Tunde Afolabi with Sanni Bello as Chairman

9

Atlas Petroleum Int. Nig Ltd

OPL 109

1996

Umaru Ndanusa, Ikechukwu Joseph, Mohammadu Murtala with Arthur Eze as Chairman

10

Consolidated Oil

OPL 103, 458, 136

1993, 1998 &2006

O. Adenuga and Ebi Omatsola with Mike Adenuga as Chairman

11

Oriental Energy Resources

OPL 115

1999

Usman Danburan, Jibril Mohammed Indimi with Senior Mohammed Indimi as Chairman

12

Cavendish Petroleum Nig. Ltd

OPL 110

1996

Gambo Gubio with Mai Deribe as Chairman

13

Allied Energy Resources Nig. Ltd

OPL 120 & 121

2001

Mickey Lawal as Director with Kase Lawal as Chairman

14

Peak Petroleum

OPL 122

2001

Adekunle Olumide, W. Bolaji, Florence D. Oluokun and Ayodeji Oluokun with M.A. Oluokun as Chairman

15

Summit Oil Nig. Limited

OPL 205 and 206

1990

L.K.O Abiola, Radio Communications Nig. Ltd with M.K.O Abiola as Chairman

16

Crownwell Petroleum Ltd

OPL 305 AND 306

1993

S.K Adejumo with Sair Kuashi as Chairman

17

Famfa Oil Ltd

OPL 216 (OML 127)

1993

Folorunso Alakija wit Modupe Alakija as Chairman

18

MoniPulo

OPL 114, 239, 234, 231

1999, 2008, 2008, 2007

F.A. Agama with O.B. Lulu Briggs as Chairman

19

Yinka Folawiyo Pet. Company

OPL 113

1998

S.T. Folawiyo, T.B Folawiyo with W.I Folawiyo as Chairman

20

Zebbra Energy Limited

OPL 248

2004

S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Orjiako as Chairman

21

Oil and Gas Limited

OPL 249 and 140

2003, 2006

M.O. I drisu with Reggie Uduhim as Chairman

22

Continental Oil and Gas Limited

OPL 59

1998

Agbolade Paddy, Subair Shefiu with Mike Adenuga as Chairman

23

Emerald Energy Resources

OML 141

2001

J.O. Amaefule, P.L. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. Chieri, Femi Akingbe, F.A. Njoku with Emmanuel Egbogah as Chairman

24

Oranto Petr. Limited

OPL 320

2002

Arthur Eze as Chairman

25

Dajo Oil Limited

OPL 320

2004

R.B. Domingo, M.O. Domingo, U.R. Domingo with Domingo Obande as Chairman

26

Malabu

OPL 245

Dan Etete as Chairman

27

Orient Energy

OPL 915, 916

N. Nwawka with Emeka Anyaoku as Chairman

28

Sahara Energy Exploration

OPL 284, 228, 332

2005, 2006

Buba Lawal, Cole Tonye, Odunsi Ade as Diectors

29

Enageed Resources Limited

OPL 274

2007

Buba Lawal, Cole Tonye, Odunsi Ade as Diectors

30

Seplat

OPL 4, 38, 41

2010

A.B.C. Orjiako and Austin Avuru

31

Ekcrest E & P Limited

OPL 40

2012

Emeka Offor as Chairman

32

First Hydrocarbon

OPL 26

2011

O.A Azazi as Chairman

33

Neconde

OPL 42

2011

Amesi Azudialu, John Umeh, Nnenna Obijesi

34

Niger Delta Western

OPL 34

2012

Olayiwola Fatona, David Richards, P.O. Balogun, T. Omisore

35

Transcorp

OPL 281

2011

Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola and Nicholas Okoye

36

Starcrest, Cross River Energy & NPDC

OPL 242

2011

Emeka Offor, Chris Garuba

37

Starcrest

OPL 291

Emeka Offor, Gidado Idris, Yzoni Yaw

38

South Atlantic (SAPETRO)

OPL 264 (130)

1998

Miguel Guerrero, Joy Ikiebe, Guerrrero, with T.Y. Danjuma as Chairman

39

Oando

OPL 278, 236

2005, 2006

Magoro, J.A. Tinubu, O. Boyo, M.O. Osunsanya, O. Adeyemo, O. Akpata, Oba Gbadebo, A. Peppe and Appiah Korang

40

Ashbert

OPL 325

Albert Esiri, Ifeoma Esiri

41

Oil World

OPL 241

2007

Gbenga Olawapo, Adekunle Akintola, Ibukun Olawepo, Rachael Akintola

42

Pan Ocean

OPL 98, 275

1976, 2007

F.A. Fadeyi, M.D. Yuduf, S.D. Adeniyi

43

Cleanwater Consortium

OPL 289

2007

Arumeni-Ikhide Joseph, Okey Nzenwa, Abu Ibrahim

44

Afren Global Resources

OPL 907, 917

2005, 2008

Rilwan Lukman, Osmah Shahenshah, Evert Jan Mulder, Peter Bingham, Guy Pass, Bet Cooper, Constantine, Egbert Imomoh

45

Centrica/CCC/All Bright Consortium

OPL 276, 283

2005, 2006

Jake Mirica, John Sheers

46

Gas Transmission & Power Ltd

OPL 905

2005

Ahmed Joda, Babangida Hassan Katsina, Makoji Aduku, Abubakar Joda

47

Global Energy Company Limited

OPL 135

2005, 2010

S.A. Onabiyi, M.A. Koshoni, T.T. Anyansho, J.N. Obiago

48

New Nig. Devt. Company

OPL 733,809, 810,722

Northern State governors

49

Tenoil Petroleum Energy Services

OPL 2008

2007

Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola, Nicholas Okoye, with Elumelu as Chairman

Marginal Fields Operators

S/No

Name of Company

Licence

Year of Award

Names of Directors/Shareholders

1

Niger Delta Company

Ogbele (OML 54)

1999

Aret Adams, Uduimo Itsueli, Sammy Olagbaju, David Richard, Udi Ibru and Fatona Layi

2

Prime Petr. Ltd & Suffolk Petr

Asaramaroru (OML 11)

2003

MacPepple Henry, Macpepple Joy, Macpepple Emmanuel, Macpepple Elfrida and Macpepple Victoria

3

Oriental Energy

Owok (OML 67), Ebok

2006, 2007

Alhaji Indimi, Usman Danburran

4

Universal Energy

Stubb Creek Field (OML 13/14

2003

Amana Nkoyo, Mianaekere Nelson, Abubakar Hayatou, Mboho Emmanuel, Ekpo Akpan, Inyang Etim (Akwa Ibom Govt)

5

Eurafric Energy Limited

Dawes Island (OML 54)

2003

Onoh Anthony, Onoh Christiana, Onoh Ngozi, George Udoekong, Nwauche Eastus

6

Pillar Oil Limited

Umusati/Igbuku (OML 56)

2003

Onosode G.O, Fadahunsi O, Amakiri J., Hassan-Katsina Usman, Tonwe Basife, Obaseki Godwin, Akoyomare Ambrose, Fisher Abayomi, Anaekwena Anthony, Avuru Spencer, Onosode Spencer, Hassan-Babangida

7

Bayelsa Oil Company

Atala (OML 46)

Bayelsa Govt, Brigidi David, Alamieyesheiga Anitonbrapa, Ifimain Ekine, Jonathan Selereipre, Enddeley Francis, Chinwetelu Chris, Willians E.J., Aliyu Abubakar

8

Movideo E&P

Ekeh (OML 88)

Idau Sadiq, Jacobs Kayode, Enahoro Victor, Mohammed Aishatu, Tugger Yusuf, Okwuaive Iyabo, Sadare Raymond

9

Bicta Energy

Ogedeh (OML 90)

Adesemowo G.A, Bashir MM, Onumodu Soye, Akinro C.A, Malberbe T. Unejei T

10

Guarantee Petrr & Owena Oil

Ororo (OML 95)

Rufus Giwa, Ayodele Johnson, Fayose Abiodun, Unuigbe Odion, Omobomi Samuel, Rotimi Luyi, Adefarati Tunde, Duyie Korede, Ojo Segun, Ogedengbe Dele, Aidi Abass, Adegbonmire Wunmi, Amoye Mofisco, Ebiseni Sola, Oladunni Solomon, Agoi-George Segun, Akinruntan F.E, Hassan AlGazali, Eburajolo Victor, S.A. Ajayi

11

Platform Petroleum Limited

Egboma (OML 38)

Edmund Daukoru, Avuru Austin, Amachi Moshe, Adegoke Oluwafeyisola, Addo-Bayero Nasir, Ewendu Chidi

12

Sogenal Ltd

Akepo (OML 90)

Funso Lawal, Joda Abubakar, Harriman Hope, Odu Bunmi, Edohoeket Samuel, Yahaya Mohammed, Dada Nicholas, Yellowe Kenneth

13

Chorus Energy

Amoji (OML 56)

Akerele Chris, Mamman Samaila, Ihetu G.S. Braide Kombo, Banks Nigel, Clubb James, Uhuegbulem Ben, Baba Gana Abba

14

Millennium Oil and Gas

Oza (OML 11)

Ali Chris, Maseli John, Karrs Sastry, Shama Yogi, Igweze Emeka, Bashir Farouk

15

Brittania U-Nigeria

Ajapa (OML 90)

Ifejika Uju, Ifejika Emmanuel, Omu Paul, Otiji Igwe, Ikpeme Ita, Cardoso Tokie, Okonkwo Annie, Inua Mogaji, Mbanefo Louis, Ombu AVM, Horsfall A.K., Ukpong Uche, Ogoro Emomena, Ifejika E.I, Umar Alhaji, Ikpele A.O

16

Network E & P

Qua Iboe (OML 13)

Ajose Adeogun Ladi, Adesomoju Akin Alex -Duduyemi, Adewusi Adebowale, Ifode Yeletide, Gasau Ismaila Musa, John Etop, Olagbede Olufemi

17

Waltersmith Petroman & Morris Petr.

Ibigwe (OML 16)

Isa Abdulrasak, Saleh Danjuma, Utomvie Nyingi, Ita Princess, Okoli Ndubuisi, Kakpovie Anthony, Okpala Eugene, Idrisu Mammudu, Idrisu Lawal, Isokrari Ombo, Nzeakor Nick, Abdulsalami Abdul, Nwabudo Ignatius

18

Midwestern Oil & Gas & Suntrust Oil

Umsadege (OML 56 )

Igbokwe Ken, Afejuku Anthony, Daultry Akpeti, Sagoe Kweku-Mensah, Gambo Lawan, Oshevire William, Mordi Sylvanus, Maidoh Daniel, Fatayi-Williams Babatunde, Mohammed Waziri, Emerhor Otega, Dublin-Green Winston, Mohammed Abubakar, Oduah Stella, Okafor Ugo and Baba-Ahmed Mouftah

19

Independent Energy Limited

Ofa (OML 30)

Ikelionwu Emeka, Ohunmwangho Steve, Yar'Adua Murtala, Okudu Anthony, Bello Shamsudeen, Obaoye Michael, Monanuma

20

Del Sigma

KE (OML 55)

Amachree Sokeiprim, Ungbuku K.D., Bakut J.I, Chaff Kabiru

21

Associated Oil & Dansaki Petroleum

Tom Shot Bank (OML 14)

Machunga Laraba, Gwadah Bitus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenlr, Yinka Aina

22

Frontier Oil Limited

Uquo (OML 13)

Dada Thomas, Lolomari Odoliyi, Kolade Victor, Yisa Solomon, Nwasikeobi, Alechenu Emmanuel, Bello Falalu

23

Energia Limited & Oando Prod. Devt Ltd

Ebendo/Obodeti (OML 56)

Horsfall A.U, Aribeana Stephen, Shawley Cooker, Bello Lawal, Ene Emeka, Afolabi Ade, Coker Sam, Esiri Albert, Dibiaezue Ifeoma, Hammad Charles, Macgregor Olushola, Oando

24

Goland Petroleum Devt. Company

Oriri (OML 88)

Kingsley Ngelale, Mogaji Gambo, Slako Johnson, Anthony Dotimi

25

Excel Exploration & Production

Eremor (OML 46)

Abiodun Awosika as shareholder

26

Sahara Energy & African Oil Ltd.

Tsekelewu (OML 40)

Baba Lawal, Cole Tonye, Odunsi Ade, Adeniji Titi, Akinla Ladipo, Bently John, Ciroma Musa, Odili Obi F., Du-Frayer

27

Green Energy International Ltd

Otakikpo

A.A. Olojede as shareholder

28

All Grace Energy

Ubima (OML 46)

Adeola Adenikinju, Sola Alabi

Source:
http://www.thisdaylive.com/articles/real-ownership-of-indigenous-oil-blocks-revealed/142113/