The Nigerian National Petroleum Corporation (NNPC) yesterday said it would resume the exploration of crude oil in the Chad Basin, following the improvement of security in the North-east region of the country.

Group Managing Director, NNPC, Dr. Joseph Dawha, who disclosed this in a statement signed by Mr. Ohi Alegbe, Group General Manager, Group Public Affairs Division and obtained by the News Agency of Nigeria (NAN), said NNPC was forced to suspend exploration in the region due to rising insecurity, stating that it planned to resume activities there in the next few days.

Dawha, stated this at the 21st Annual General Meeting of Integrated Data Services Nigeria Limited (IDSL), the NNPC subsidiary responsible for carrying out the seismic data acquisition in the country.

He said: “With the remarkably improved security situation in the North-eastern part of the country, the NNPC is to resume oil search in the Chad Basin.

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http://monitor9ja.com/2015/05/nnpc-to-resume-oil-exploration-in-chad-basin/

Good one FTC

IDSL, Benin.

I love transformation
I hate "change"
Quote me to blast me and ya will never make it in life

Who's got petrol

Inasmuch as i would like oil to be discovered in the chad basin,The search shouldn't be a political move which will only lead to wastage of time and resources,the operation should be discontinued if the oil will not be in commercial quantitiy.