Seplat discovers 19 million barrels of oil, 157 bcf of gas in Imo State
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Seplat has found 19 million barrels of oil and 157 bcf of gas in Imo State. The company plans to begin a second phase of exploration in the oilfield as early as next year. This decision follows the initial success of the project. During the discovery process, five reservoir intervals were uncovered.
Encouraged by the initial success, now looks to commence the second phase of exploration in the oilfield as early as next year, with five reservoir intervals already uncovered during the discovery. The post Seplat discovers 19 million barrels of oil, 157 bcf of gas in Imo State appeared first on Premium Times Nigeria .