A former partner of Arthur Anderson in Nigeria, Mr Jadesimi is a graduate of Oxford University (Jurisprudence, 1966) and is a Fellow of the Institute of Chartered Accountants, England and Wales. A Chartered Accountant, with over 15 years of active practice, he took early retirement from practice to engage in private practice, primarily in banking, oil and gas and real estate.

Dr. Layi Fatona is a Petroleum Geologist with over thirty-five years of practice, commencing with a seven year stint in the Petroleum Engineering and Exploration & Production Departments at The Shell Petroleum Development Company of Nigeria Ltd (SPDC). He is a leading authority on the geology of the Niger Delta Oil and Gas Province.

MasterChen:


The Deloitte in Nigeria is a merger between Akintola Williams's accounting company, Akintola Williams & Co and Deloitte

Deloitte is an old British-owned company

Sim Shagaya's full first name is Simdul. I don't think that's a Yoruba name and I have no idea what Shagaya means in Yoruba

NDEP acquired a 100% stake and operatorship of the Omerelu Farm Out Area in 2014 from the NNPC/Chevron (JV) with the NDPR granting NDEP an equitable interest in the reservoir. One vertical exploration well was drilled in 1975 by Chevron (the, Gulf Oil) with a sequence of five vertically stacked reservoirs and target depth of 9,000ft.
The field development plan (FDP) is targeting to drill a further two wells on top of the existing discovery made by Chevron with a flow station, and plans to build a 14km pipeline to Ogbele where it can be routed onto existing pipeline. The company is planning to submit the FDP by Q4 2014, with first oil in 2016 achieving peak flow rates of 5,000 – 10,000bpd in 2017.

NDEP acquired the Ogbele Farm Out Area, which lies within OML 54, in 2000 from the NNPC/Chevron JV with the NPDR granting an equitable interest in the reservoirs. I, 2013, NDEP acquired 3D seismic data, processed and interpreted the data in order to identify new reservoirs and get a better structural view of the field. NDEP has 100% of this asset which covers 23k2, with license terms designed such that the license expires at the end of the field life.
Following this, NDEP drilled two additional successful wells in August 2013 and January 2014, thereby increasing production from an average of 1,188 bpd on 2013 to 4,500 bpd and 30 MMscf/d of gas as at 31st March, 2014. The discoveries included a significant 0.5T cf discovery within an 800 foot column of gas. To date NDEP has drilled 8 wells within the acreage, which include six side track wells.

Ongoing Ogbele field development includes Ogbele 7, to target a depth of 13,500 feet, which contains oil and gas. The development plan for the remainder of 2014 is to drill wells 8 and 9. Development wells 9 and 10, are planned for 2015, (the latter being an appraisal well with oil ad associated gas) which is expected to significantly increase daily production by the end of 2015.

The contour map shows the location of existing wells with the additional yellow area highlighting significant upside potential from similar geological structures that have been found to date. The rift (or finger-like) nature of the geology has led to the creation of vertically stacked reservoirs of which five have been brought into production. We believe that as development proceeds a greater understanding of the potential of the acreage will evolve, leading to more gas than oil targeted exploration.

The full field development plan envisages drilling 15-18 wells all of which are directional, at a cost of around US$18m per well. This implies a full field development cost of US$300-400m, including infrastructure. Currently, produced oil is transported by a 6” pipeline to a third party trunkline which terminates at Royal Dutch Shell’s Bonny terminal. Gas is sold to Nigeria LNG Ltd (NLNG) and to local industrial users.

Longer term, NDEP would like to create a ‘gas hub’ at Omerelu in order to attract third party gas needs and increase the pace of development around existing asset base.

OML 34 is owned through NDEP’s 41.67% owned subsidiary ND Western Ltd, who respectively own 45% of the Block, with the NPDC operating the asset (55% stake). NDEP therefore has an 18.75% interest in the block which covers a large 951km2 area. NDEP originally acquired OML 34 in 2012 from Royal Dutch Shell who have been busy divesting marginal fields throughout the Niger Delta region. The field has a license expiry date of 2019.
OML 34 contains several discoveries including Utorugo, Ughelli East, Ughelli West, Warri River and Effurun discoveries. Over 100 wells have been drilled since the first discovery was made in 1959, with 80 producing wells in the 1960s, with a cumulative production rate of 40kbpd. Production subsequently fell to 18kbpd during the exogenous economic shock of 1997/98, induced by lower oil prices which fell to an all-time low of $14/bbl (Brent).

Currently, there are 30 oil and gas wells in production, producing in excess of 15,000bpd and 300mscfpd of gas. Oil and condensate is mainly produced from Utorugo, Ughelli East and Ughelli West fields, with gas mainly coming from Utorugo and Ughelli East fields.

Production is gathered at flow station at Utorugo, Ughelli East, and Ughllie West, the transported through the Ughelli Pump station which was built by Royal Dutch Shell in 2002 for $48m.

Oil with associated water is then transported from Ughelli via the Trans Forcados pipeline to the Forcados terminal and processing and export facilities. Dry oil is also sent to the Ward Refinery via a 16″ pipeline.

Non associated gas is processed at the Utorogu NAG plant and exported via the Escravos-Lagos Pipeline System which connect the West African Gas Pipeline. Gas is also sold to local domestic such as power producers.

The development plan is to drill two new wells in 2014/15 as well as completing a 150mmcfpd NAG plant at Utorogu by mid-2015, to bring total capacity to over 500mmscfpd.

Other possible options to expand development include the reactivation of the Warri field which witnessed some of the worst social unrest in the 1990s was closed by Shell in 1997. The Effurun field remains an undeveloped gas discovery.

NDEP, through its operating company, farmed into OPL 227 in 2010, with a licence lasting until 2013, whereupon an extension was granted until May 2015. OPL 227 lies in offshore Niger Delta and covers an area of 340km2, which is adjacent to Royal Dutch Shell’s OML 79 licence area.
Express Petroleum and Gas are operators (39% stake), with Addax Petroleum (owned by Sinopec) having a 40% stake. NDEP hold a nominal 6% stake in the asset.

An oil discovery was made in 2013 at Oma-2 which had 183 of net pay gas sand and 121 ft of net pay oil sands.

South Sudan is one of the world’s youngest countries, formed in July 2011, and is also one of the least explored having endured a civil war lasting from 1983 until 2005. Oil production didn’t recommence until May 2013 at 500.000bpd, with IOCs reactivating their interest in the area including TOTAL. Exxon Mobil, ONGC, and CNPC all acquiring acreage.
The petroleum geology of South Sudan is good with several rift basin present all of which confirm a working hydrocarbon system which forms part of the Central African Rift Valley. South Sudan currently relies on an export pipeline via Khartoum to Port Sudan and the Red Sea. Disputes have occurred regarding the fees payable for using this route and the South Sudan government has been keen to find other routes to export. These include routes through to Kenya or Ethiopia, and Djibouti. Such pipeline projects would only be viable if giant new oil discoveries were made.

NDEP have formed a JV with the South Sudan national petroleum company called Nile Petroleum Corporation. Currently, NDEP has no stake in licenses in South Sudan and is providing consultancy services to the government and using its projects in Nigeria like Ogbele and Omerelu as templates that could be applied to South Sudanese oil development. The ultimate goal in our opinion is to achieve a stake in a concession. We believe this could offer Bluesky potential for the company not only from the perspective of diversifying away from Nigeria, but also from the size of the prize and vast opportunity set which South Sudan’s concession areas represent.

The slogan "If it is not Quincy, then it is not slimmy" Is a popular one amongst people who leave in Nigerian cities. This is because the origin of that slogan, Quincy Herbal Slimmers, is a brand that has stamped its feet and authority in the herbal slimmy sector of the Nigerian natural health industry.
In this incisive interview with Nigeria Natural Health Online's editor, Dumbiri Frank Eboh, the Managing Director and Chief Executive Officer of Quincy herbal slimmers, Dr mrs Quincy Olasumbo Ayodele,who is also a World Health Organisation (WHO) expert on the development of African Traditional Medicine, speaks on the making of the Quincy brand and other issues surrounding the practice of traditional medicine in Africa. excerpts.

Let's meet you
I am Doctor Mrs. Quincy Olasumbo Ayodele. I am the MD/CEO of Quincy Herbal Shimmers.

How would you define herbal slimming and how does it differ from other slimmy therapies?
Herbal slimmy is the management of obesity using herbal medicine, nutrition and some physical exercises. It is the use of Agbo to reduce weight. But when I say Agbo, I do not mean the local ones you have along the streets. It has gone quiet beyond that at Quincy Herbal Slimmers.
The herbal medicines we administer here at Quincy Herbal Slimmers have been standardized in dosage and administration. We have been able to make our herbal medicines into tablets and capsules and also liquid and powder forms. They are clinically acceptable by our clients within our community.

Could you tell us a little bit about your background?
Am always very proud to say that am a village girl. I was brought up in the village by my paternal grand-mother. She brought me up with herbal medicine because there was no hospital in my village. My father (now of blessed memory) left me with my grandmother in the village when he was going to further his education abroad. So it was my grandmother that took care of me. I use to be a very sick child then and she was always looking after me with herbal medicine. I did not know any other form of medicine.
I was taking it on a daily bases and that brought me very close to nature at a very young age. And when eventually I got married I came to Lagos to settle with my husband. Of course you know lagos lifestyles is: You eat up all sorts of things and end up adding weight. This made me to be sick again even in Lagos. My grandmother responded by bringing herbal medicine to me. She told me that obesity is the root cause of most diseases. She gave me a lot of helps and gradually my weight got drastically reduced. This was what prompted me into herbals slimmy. I had some friends then who were also obesed and were searching for solution from orthodox medicine. But they did not find any solution there.
But when I introduce them into herbal medicine, they lost their weight. So that was how my practice of herbal slimmy started, eventually, I went back to school to study the scientific aspect of herbal medicine at the Nigeria College of Natural Medicine. I came back with more knowledge. Apart from knowing the helps, I now knew their dosage, their usage and so many other aspects. That’s how the journey started and I thank God for how far he has brought us today.

Would you say Herbal Slimmy is better than Orthodox Slimmy therapy?
As a World Health Organization (WHO) expert on development of African Traditional Medicine, I won’t say one is better than the other. Rather, they complement each other. For instance, we have client who were referred to us by Orthodox practitioners to come and reduce their weight in preparation for their treatments. So they complement each other. We know our limitations, the orthodox practitioners know their limitations. As long as we are both working for the improvement of mankind, our relationship should be complementary.

What are those things that stand Quincy Herbal Slimmers out from the crowd?
The Almighty God has always been there beside us he is the one that called us into the art of using herbs to manage obesity and skin treatment. He has giving us the knowledge to go and heal his people. We have a vision and a mission when we started. Remember what our slogan says: "If it is not Quincy, then it is not slimmy". That was the mission we started with and God has always been there for us. He has given us access to nature. Right now, there is no help or plant that we cannot identify. We know their formulas and how to use them. I can bet you there is no other person doing Herbal Slimmy in Nigeria that has access to nature than Quincy Herbal Slimmers. Of course the result is out there for you to check. Ever since we started herbal slimming in Nigerian, we have been leading the industry. We lead while others follow. Our accessibility to nature is what stands us out from the crowd.

What is the driving force behind the Quincy brand?
Our driving force is our mission and vision. What we are doing is preparing the future generation of herbal practitioners. Quincy will always take the lead in the Nigerian Herbal Industry. We are creating generational wealth in the nearest future; the Quincy brand is going to be all over the world just like Coca-cola. I will sit down here and monitor everything around the world. And that is the driving force of Quincy Herbals which is anchored on redefining traditional medicine practice in Nigeria. It is also about passing the legacy from generation to generation. I got it from my paternal grandmother and I will pass it unto my children – both my biological and non-biological children who are around me. And that is how we are going to pass on this accessibility to nature from generation to generation.



How are you positioned in the market? Is it only for the very rich in the society?
Quincy Herbals Slimmers is very affordable for those who appreciate their health. Health is wealth, you cannot quantify the cost of getting a good health. You should understand that obesity kills. So you cannot really cost it. If you really want to be okay and healthy, the best thing to do is to choose the best outfit that can guarantee you good health. If you want to lose weight properly then you need to go to those who started herbal slimming in Nigeria. So, from that perspective we are quit affordable. We even have special programs for less privileged people and for those who cannot afford our premium prizes but who need that kind of attention to regain their health through weight loss. We have reduced rates for them. So, Quincy Herbal Slimmers is for everybody. You don’t need to go abroad to lose weight properly; you can do that at Quincy Herbals Slimmers instead of going abroad to die there you can come here and reduce your weight, reduce your tummy, reduce your fat, reduce your high cholesterol and those things that can cause ill health to your body. We are here for the benefits of Nigerians and humanity in general, using natural herb as the means of making them to achieve good health...

Kola Karim is the Group Managing Director/CEO Shoreline Energy International Ltd (a leading energy and infrastructure company focused on Africa). His current portfolio consists of business in the construction, commodity trading, agro-allied products, oil and gas, engineering and power sectors. In addition to his role at Shoreline Energy International, Mr. Karim is the current Chairman of Costain West Africa Plc and serves as director in eight (9) companies including Shoreline Power Ltd, Schlumberger Testing & Production Services Nigeria Limited, Trans Amadi Facilities Ltd and Chairman, Nigerian Ropes Plc. He is an Africa Advisory board member of the London Stock Exchange and the Advisory board member of the Centre for African Studies at Harvard University. Mr. Karim is a Young Global Leader 2008 Award Honoree and also a pioneer and active member of the Global Agenda Council on Emerging Multinationals of the World Economic Forum. He had delivered opinion and position papers at international conferences, investment forum, business schools and universities. He has attended many courses both locally and international including management and leadership courses at the prestigious Harvard Business School and John F. Kennedy School of Government

Shoreline Natural Resources was incorporated on 10th December 2010. The company is a joint venture between Shoreline Power Company Limited, a Nigerian Company which has extensive interests in the power sector together with a strong network of relationships and Heritage Oil Shoreline Natural Resources (Nigeria) B.V, a subsidiary of Heritage Oil Limited, which has a strong technical expertise and operations in the upstream sector in Tanzania, Papua, Russia, and New Guinea. Shoreline Natural Resources leveraged on the divestment plans of the Shell Petroleum Development Company Limited to sell its participating interests in some assets located in Nigeria. On 4th November 2012, Shoreline Natural Resources acquired 45% Participating Interest of SPDC in Oil Mining Lease 30 (OML).

The Nigerian Petroleum Development Company (“NPDC”), a subsidiary of Nigerian National Petroleum Corporation (NNPC) holds the remaining 55% Participating Interest in the OML 30 licence.

OML 30 is located onshore in the Delta region, less than 30km east of Warri in Southern Nigeria. The licence covers 1,097 square kilometres and includes eight producing fields with oil and gas contained in numerous stacked reservoirs. Shoreline Natural Resources is in partnership with NPDC to develop OML 30 to its full potential

mercyville:
You are doing a swell job sir,God bless you

I dunno if these people have been featured.If not,pls you,hilroy and deomelo can do justice to that...thanks

Laoye Jaiyeola
Akinpelu Obisesan
Jacob Odulate - Yes, he was mentioned on page 122, and highlighted, on a few other pages.
Akin Babalola Kamar Odunsi
Adeola Odutola - Yes, he has been featured. Please check page 169.
Chris Ogunbanjo - Yes, he has been featured. Please check page 201.
Ayo Ogunsheye - Is he a business person?
Wole Oguntokun
Toun Okewale Sonaiya
Molade Okoya-Thomas
Razaq Okoya - Yes, he has been featured. Kindly check page 118, 122, 212.
Femi Olubanwo
Otunba Fatai Olukoga
Lawrence Omole - Yes, he has been profiled. Kindly check pages 11, 14, 15, 16.
Debo Onifade
Oluseun Onigbinde
Gbenga Oyebode
Olateju Oyeleye
Seriki Williams Abass
Biodun Shobanjo - Yes, he has been profiled. Pls check page 194.
Ernest Shonekan - Yes, his company has been profiled. Kindly check page 180.
Taiwo Afolabi - Yes, he has been profiled. Kindly check page 190.
Taiwo Olowo
Olusola Teniola
Adewale Tinubu
Lanre Towry-Coker - Yes, he has been profiled. Kindly check page 201.
Ade Tuyo
William Vivour
Bankole Vivour
Samuel Herbert Pearse
Crispin Curtis Adeniyi-Jones
Christopher Sapara Williams
James Pinson Labulo Davies - Isn't he an historic figure. I thought someone suggested a different thread should be created for them?
Thomas Babington Macaulay - Another historic figure. Didn't someone suggest a different thread should be created for them?
Candido Da Rocha
Ade Bajomo
Dele Bakare
Alani Bankole - Yes, he has been profiled. Pls check page 201.
Richard Beale Blaize
Talabi Braithwaite
Samuel O Owokoniran
Quincy Olasumbo Ayodele
Adunni Bankole
Alani Bankole - Yes, a report has been done on him. Pls check page 201.
Gbubemi Fregene - He is NOT Yoruba. He is Itsekiri.
Adesola Kazeem Adeduntan - He is just a Commissioner for Health in Oyo State. Do we have to profile him?
Olajumoke Adenowo - Yes, she has been profiled. Kindly check page 138, and 214
Sasha P (born Anthonia Yetunde Alabi) - She is a musician, not a business person. I thought it was agreed to avoid musicians & entertainers, & restrict this thread to company owners?
Chief Temitope Ajayi
Nike Akande
Toyosi Akerele-Ogunsiji - Yes, she has been profiled. Pls check page 177.
Omowunmi Akinnifesi - Why does she have to be featured? She was just a beauty queen?
Olatunji Ajisomo Alabi - Yes, he has been profiled. Kindly check page 203.
Adeyemo Alakija
Alimotu Pelewura - This is a historic figure. Are we allowed to feature such people on this thread? I thought someone said another thread should be created for them?

vonxe:
profile obasanjo farm abi wetin happen to am?

profile oodua investment

Oxtonguy:
Olatorera Oniru, founder of DressMeOutlet

In Nigeria’s rapidly growing fashion retail marketplace, Olatorera Oniru and her new online retail platform are on a mission to contribute to the growth of local manufacturing in the areas of fashion and health & beauty in the country. Dressmeoutlet.com is Nigeria's foremost retailer for high-quality fashion products, health & beauty products and home-goods. With over 1,000 products to shop from, the platform retails various sophisticated styles from premium designers globally. Dressmeoutlet.com is very strongly focused on quality, with business processes built to ensure that customers experience quality, uniformity and excellence. Dressmeoutlet.com retails the best selection of products sourced locally and internationally, ranging from dresses to shoes, and health to beauty products. Customer service is optimal as the platform ensures each individual customer gets the dedicated service they want.

laudate:


Hello, please see my responses to your enquiries.

hilroy:
Laudate, has something being done on Amy Jadesimi? The beautiful daughter of Ladi Jadesimi and Managing Director of LADOL

laudate:


Yes, she has already been profiled on this thread, along with her father Ladi Jadesimi.

laudate:


I thought she has already been profiled twice on this thread?

hilroy:
Niger Delta Exploration and Production Assets

OPL 227

South Sudan