- Orient Petroleum Resources Plc has concluded plans to increase the production of crude oil in its wells to 3000 barrels per day in September this year.
- The company has also hatched a plan with an indigenous company known as Nails & Stanley Ltd to establish a gas plant in Umueje in Ayamelum Local Government Area of the state.
- Offering insight into the development during a recent meeting between the Board of Directors of the company and the governor of Anambra State, Chief Willie Obiano in the Governor’s Lodge, Amawbia, the Managing Director of the company, Engr. SunnyOkoye revealed that Orient had revved up activities in two new oil wells in its Aguleri oilfields that would shore up the company’s production capacity to 3000bpd before September this year.
- According to him, Orient is not only working assiduously on boosting the production capacity of its oil wells, the company is also developing the vast gas resources in the state.
“We are dealing with gas development on two fronts. The first one is the gas production we have right now, side by side with oil. We are looking at how to transform it to an income earning resource,” Engr. Okoye explained.
Source: The Citizen