₦airaland Forum

Johntobi56:
Sorry yoruba nation is not like Ijaw that to polo and asari will share it alone rather new billionaires will be created yorubas don't mix political class with economic class like the igbos that's why you see Adenuga otedola , Balogun all staying far from politics unlike Orji Kalu , Ubah , Rochas , obi all billionaires into political power

There's a reason why yorubas has the best political set up

HAHAHAHA, I LAUGH IN LATIN, WE WILL C, ITS JUST A MATTER OF TIME.

Johntobi56:
That's politics not resource allocation
If we fought over issues
Lagos won't be where it is today cause we will demand companies coming to other yoruba States

WHETHER POLITICS OR RESOURCE ALLOCATION, DONT EVER SAY YORUBAS CANT BE DIVIDED, EVEN D BRITISH R DIVIDED, CHINESE R NOT ALL UNITED. D LIST IS ENDLESS.

agabusta:
Lagos oilfield to begin production this year

With the award of a rig contract to carry out the drilling and completion programme for the Aje shallow-water field offshore Lagos, the first oil production is expected to begin in the state by December this year.

The operator of the Oil Mining Lease 113 has, on behalf of the joint venture partners, entered into a rig contract with Saipem for the Scarabeo 3 drilling rig to carry out the drilling and completion programme for the Aje Field Cenomanian oil development, Panoro Energy said in a statement on Monday.

The joint venture partners led by Yinka Folawiyo Petroleum Company Limited (the operator) had in October last year taken the final investment decision to develop the first phase of the Aje field.

According to the statement, the Scarabeo 3 rig is a semi-submersible rig currently stationed offshore Lagos. The rig will be moved 18 nautical miles to the Aje drilling location and will be used to carry out well operations for the first phase of the Aje Cenomanian Oil field development that includes two subsea production wells.

It said the well operations would comprise the completion of the existing Aje-4 well as a production well, and the drilling and completion of a new well, Aje-5, which would be drilled to the Aje-2 subsurface location.

The Aje-2 well is said to have demonstrated high reservoir productivity in a Cenomanian production test conducted in 1997, flowing approximately 3,700 barrels of oil per day of 41˚API oil under suboptimal well conditions.

Well operations are expected to commence in early third quarter of 2015 and are likely to take approximately 90 days to complete, according to the statement.

It stated that once well operations had been completed, subsea equipment would be installed and the wells would be tied back to the Front Puffin floating, production, storage and offloading vessel, currently undergoing refurbishment in Singapore.

The Chief Executive Officer, Panoro Energy, Mr. John Hamilton, was quoted in the statement as saying, “Panoro is very pleased to be entering into the rig contract for the drilling and completion of the Aje development wells. We have been able to achieve a lower rig rate than was expected when the Final Investment Decision was made in October 2014.

“With well operations expected to commence in the next few weeks, we will continue moving towards our incremental growth strategy of converting Panoro’s discovered resource base into commercial production and generating positive cash flow in 2016.”

Aje is an offshore field located in the western part of Nigeria in the Dahomey Basin at the border with Benin Republic, with the first oil targeted for December 2015, the statement said.

The field is situated in water depths ranging from 100 to 1,000 metres about 24 kilometres from the coast. The field contains hydrocarbon resources in sandstone reservoirs in three main levels – a Turonian gas condensate reservoir, a Cenomanian oil reservoir and an Albian gas condensate reservoir.

Yinka Folawiyo Petroleum Company is the operator, with 25 per cent interest in the field. The partners are Vitol, First Hydrocarbons Nigeria Limited, Energy Equity Resources Limited, Panoro Energy ASA and Jacka Resources Limited.

The JV partners had in January 2014 submitted the Field Development Plan for the Aje field to the Department of Petroleum Resources. The FDP was approved in March and is primarily focused on the development of the Cenomanian oil reservoir.





http://www.punchng.com/business/business-economy/lagos-oilfield-to-begin-production-this-year/

Am proudly a Geologist. Only a geologist will understand what's been said. Good news for lagos state

It won't be long before the omo niles and agbeoros start their own exploration and environmental pollutions too. Lmao!

kritikali:
Mouthsealed# I don't know what to say to you mahn...despite the vote Jonah got fromd north, Votes rangin from 100s of thousands, compare to 10k or less votes pmb got frm d s/s and s/e states.. well it's ok to keep giving ursef hope. I undersatnd.

OK I agree...Hausa has 70% of Nigeria's population... yoruba- 25%, ibo-4% and s/s-1%....in ur dreams...haaaaaaaa

buchilino:
HAHAHAHA, I LAUGH IN LATIN, WE WILL C, ITS JUST A MATTER OF TIME.

Sorry you can't change that
Yorubas dont mix business and politics
Mobolaji Anthony the richest yoruba man never went into politics during the days of Awolowo

klevjey:
OK I agree...Hausa has 70% of Nigeria's population... yoruba- 25%, ibo-4% and s/s-1%....in ur dreams...haaaaaaaa

Sigh hausa is 21%
Not 70%

North is just more united than Sourh

meforyou1:
shut the hell up bafoon

stay there with ur dead brain,it will be better for u guys especially youths of that ur stinky tribe to start arranging urselfs of how to clear that mentality of claiming what doesn't belong to you,shebi nah una get SE,go develop ur region nah. They are not even united ,all they know is to do money ritual with their family members especially their mooma,hope u aint thinking of doing the same sha cos u said earlier that ur tribe will by all the land in Lagos thereby making u the original owner of Lagos.

Johntobi56:
Sigh hausa is 21%
Not 70%

North is just more united than Sourh

I know bro...am just teasing him...he has been telling me we are few...am Delta...

buchilino:
HAHAHAHA, I LAUGH IN LATIN, WE WILL C, ITS JUST A MATTER OF TIME.

We know your wish is to see yorubas fall but it won't happen looool

Johntobi56:
Bring your life savings for an apartment or land you will lose in 70 years

haaaaa...with d rate at which IBO is taking over Yoruba land, in 70 yrs, u will be slaves under us...

Johntobi56:
Bring your life savings for an apartment or land you will lose in 70 years

haaaaa...with d rate at which IBO is taking over Yoruba land, in 70 yrs, u will be slaves under us...

klevjey:
haaaaa...with d rate at which IBO is taking over Yoruba land, in 70 yrs, u will be slaves under us...


haaaaa...with d rate at which IBO is taking over Yoruba land, in 70 yrs, u will be slaves under us...

You need the learn form your Father Orji Kalu, whose Property was sealed off after insulting the Yoruba people.

Johntobi56:
We know your wish is to see yorubas fall but it won't happen looool

either ur imagination is running away from u or u have a serious problem, do u honestly think i care about wat happens 2 d yoruba or igbo nations. i dont have dat time 2 waste. i choose 2 postively change d lives of others instead of bring unnecessary pains

emmatok:
You need the learn form your Father Orji Kalu, whose Property was sealed off after insulting the Yoruba people.

LAGOS IS A LAND BELONGING TO EVERYONE AND NO ONE...

Johntobi56:
We know your wish is to see yorubas fall but it won't happen looool

ask urself one question if either d "yoruba" or "igbo" nations fall, wat benefit will b 2 life, does it bring enough garri amala rice 2 my table?, or does it make a millionaire over night?. Simple d answer is NO, so y do i waste my time arguing about things dat will not make a beta person

buchilino:
whether there is oil in Lagos or not, i c history repeating itself. oil became a cause 4 d people of Niger delta, i c it happening in Lagos.

That can happen in Lagos cause Lagos is too big for that. Oil is not a curse to Canada.

Saurab:
That can happen in Lagos cause Lagos is too big for that. Oil is not a curse to Canada.

guy seriously r comparing oil at d Niger delta with oil in Canada?. look at Iraq, Libya, Venezuela, Indonesia etc. in fact lets take a good at south Sudan. these r countries dat have d same amount of oil Nigeria has, n u will c wat oil has done 2 them

Saurab:
That can happen in Lagos cause Lagos is too big for that. Oil is not a curse to Canada.

guy seriously r u comparing oil at d Niger delta with oil in Canada?. look at Iraq, Libya, Venezuela, Indonesia etc. in fact lets take a good look at south Sudan. these r countries dat have d same amount of oil Nigeria has, n u will c wat oil has done 2 them

klevjey:
OK I agree...Hausa has 70% of Nigeria's population... yoruba- 25%, ibo-4% and s/s-1%....in ur dreams...haaaaaaaa

*yawns*

klevjey:
haaaaa...with d rate at which IBO is taking over Yoruba land, in 70 yrs, u will be slaves under us...


haaaaa...with d rate at which IBO is taking over Yoruba land, in 70 yrs, u will be slaves under us...

Imaginary take over
The only think Igbos are taking over is the Lagoon
IGBOS are born to be slaves

emmatok:
You need the learn form your Father Orji Kalu, whose Property was sealed off after insulting the Yoruba people.

Chikena

klevjey:
LAGOS IS A LAND BELONGING TO EVERYONE AND NO ONE...

Looooooool no your properties in Lagos belongs to yorubas and we can take it over anytime we want

Your labor all in vain

meccuno:
the truth is you are one of the people I hardly read their comments..........u don't move me.....

what is this one?
Nna, na by Force?
I guess you need a BRAIN.
Receive it for FREE..... and please use it

erico2k2:
Did you read my post or are you using 3210 so even though I said my mum is sapele U still call me Igbo??rypical

My Bros, You so much HATE being called Ibo .... WHY?

I understand your Mum is Sapele but maybe your dad is Ibo nko?
Does that not make you Ibo? Just wondering.....


It is the "Ibo peeps" that are claiming S/S is "Ibo land", ........not us from S/West.
It is then the duty of S/South people to issue a rebuttal........ juts like you have been doing. Good.

That your Oiyel is really making "these Hyenas" want to your "family members"!

Just watch your back.... thats all l can say.




Lastpage!

Johntobi56:
Sorry yoruba nation is not like Ijaw that to polo and asari will share it alone rather new billionaires will be created yorubas don't mix political class with economic class like the igbos that's why you see Adenuga otedola , Balogun all staying far from politics unlike Orji Kalu , Ubah , Rochas , obi all billionaires into political power

There's a reason why yorubas has the best political set up

aha go and ask Tinubu why he hoards PMS

lastpage:
what is this one? Nna, na by Force? I guess you need a BRAIN. Receive it for FREE..... and please use it

well you just proved me right.....you are very childish....

lastpage:
My Bros, You so much HATE being called Ibo .... WHY?

I understand your Mum is Sapele but maybe your dad is Ibo nko?
Does that not make you Ibo? Just wondering.....


It is the "Ibo peeps" that are claiming S/S is "Ibo land", ........not us from S/West.
It is then the duty of S/South people to issue a rebuttal........ juts like you have been doing. Good.

That your Oiyel is really making "these Hyenas" want to your "family members"!

Just watch your back.... thats all l can say.




Lastpage!

Lol Igbo ke me I'm far from them I belong to the largest Ethnic group in Delta state if U know where I go die is from then U know me lol.I do not hate Igbo I lived in Enugu 5 years as I went to Uni there.they ain't all bad trust me their major problem is greed.take that aside then they are as good as gold even a typical Igbo Man will agree 5 this.

This is good news if it's true.

This is what i expect Lagos to do:

1.Set up the exploration process to capture all the gas, and power Lagos (and neighbouring states) with the gas that would have been lost through flaring

2.Set up the exploration process to deal thoroughly with spil. The environment must be given utmost priority; to the point that such areas shouldnt show signs of Oil exploration.

3.Since Oil exploration licensing is the jurisdiction of the Federal Government. Lagos must Partner the Federal to ensure 1 & 2.

And as we have often clamoured, push for ownership of Oil revenue to be resident in the state of exploration with a fraction accruing to the Federal. Revenue allocation formular (FAAC) needs to be scrapped, and each state eventually should be self - funding. (This is a long term suggestion please, I do not intend belittling the states that seem not capable of generating funds internally. In the long term, ALL STATES in Nigeria are economically viable and can be financially independent)

erico2k2:
aha go and ask Tinubu why he hoards PMS

Illiterate Wale Tinubu founded Oando
Bola Tinubu gave him a boost
Lool any other names

Yoruba businessmen don't dabble into politics

Just don't come here to cry 'They hate us'.

klevjey:
u certain must sell, its one of ur major source of livelihood

whitecat1:
Just don't come here to cry 'They hate us'.

or u cry 'they hate us'

Johntobi56:
Illiterate Wale Tinubu founded Oando
Bola Tinubu gave him a boost
Lool any other names

Yoruba businessmen don't dabble into politics

you failed to read the meaning to my Post, what I meant was why did Oando not sell fuel to the good people of Lagos during the just past fuel Hoarding.