Anambra to begin Crude Oil Production, President Jonathan to Inaugurate Oil Well

Anambra State will begin crude oil production on Thursday as President Jonathan will inaugurate the first oil well in what will be the genesis of inland basin crude oil production in Nigeria.

The crude oil production in the state is being undertaken by Orient Petroleum Resources, a company floated by the Anambra State government to exploit the State’s oil. The company operated under the tenets of Public Private Partnership.

Orient has two oil prospecting licenses for the Anambra Basin. They are OPL 915 and OPL 916.

The company has completed a 10km access road leading to the well to be inaugurated by the President.

Whilst in Anambra, the President will also be inaugurating the new Orange Drugs factory in Onitsha, as well as the SAB Miller Brewery, which is the second largest Brewery in Africa.

I guess we should say "Peter Obi" is doing well for the state?

DailyPost

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