Genetic Oil is focused on possible identification, acquisition and development of both old and new upstream petroleum assets in Nigeria, and other technically de-risked jurisdictions across the world.
In our strategic positioning to operate prospective assets and achieve investment objectives, we have carefully put together key principals with professional experience in upstream, midstream, downstream, regulatory, Sector accounting, legal and more importantly corporate governance with regional / socio-political leadership.
i. To hold equity reserves of 20-50MMBOE, mostly oil, over the next 5 years from date of concession and/or asset acquisition.
ii. To grow equity production to a range of 5000 – 15000 b/day over the next 5 years from date of concession and/or asset acquisition.
iii. To build an enterprise that offers a different value proposition to the region in terms of mutual interests and long-term cooperation, potentially offering local communities attractive venture participation.
iv. To assist the Federal Government of Nigeria in achieving its zero flare policy by harnessing Natural gases that would otherwise be flared using modern technologies.
We plan to continuously innovate to build a portfolio of hydrocarbon producing assets that will deliver value to a broad range of stakeholders from investors to local communities.
We aspire to be partner of choice to delivering value with cutting edge solutions to satisfy all identified stakeholders.
Executive Director & Head of Administration
Subscribe to our newsletters to receive latest news and updates