Nigeria’s Oranto petroleum signs deal to explore oil in Uganda

Nigeria’s Oranto Petroleum said it has signed two production sharing agreements with Uganda to explore for oil and gas around Lake Albert.

Oranto is among several companies, including Australia’s Armour Energy, that last year bid in Uganda’s first competitive oil exploration licensing round.

Chairman of Oranto Petroleum, Prince Arthur Eze, said the company is excited to enter this agreement.

Uganda’s Ministry of Energy and Mineral Development said the deal covers the Ngassa Shallow Play and Ngassa Deep Play exploration blocks located near the southern part of Lake Albert.

 

Please subscribe to our newsletter

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2017 RockCity 101.9 FM. All rights reserved

News Categories

or

Log in with your credentials

or    

Forgot your details?

or

Create Account