Chad Basin Drilling Expected in Q4

Tuesday, May 3, 2016

NNPC revealed that drilling in Nigeria’s northeastern Chad Basin is expected to start in Q4. The NNPC Chief Executive and Minister of State for Oil, Emmanuel Ibe Kachikwu, said in a company statement that seismic studies were ongoing.

“Drilling activities will commence by the last quarter of 2016,” he said.

NNPC spokesman Garba Deen Muhammad said exploration in the region was intended to “add value to the hydrocarbon potentials of the Nigerian inland basin, provide investment opportunities, boost the economy as well as create millions of new jobs.”

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