SunTrust Oil and its Partners (“SunTrust Oil”) sustained production activities during the period under review. Intervention activities on two wells -one in the Central location and another in the Central-East location- were successfully completed. Both wells are currently unloading. It is expected that the additional production from these intervention activities would help to sustain the approved reserve production capacity for the field. Other planned intervention activities are at various planning stages.
SunTrust Oil sustained injection activities through the Umugini Pipeline Infrastructure Limited and the Nigerian Agip Oil Company Limited (“NAOC”) export lines. SunTrust and its JV Partners resumed injection to NAOC after several months of downtimes.
MANAGEMENT FACILITY INSPECTION
During the period under review, the Executive Director, Finance, Commercial and Services of SunTrust Oil Company Nigeria Limited, Mrs Rachel Akhuetie led SunTrust Oil’s management team for a facility inspection visit at the Umusadege field.
SunTrust Oil continues to ensure a peaceful working environment through strategic engagement with the various host communities. Numerous signed-off key developmental projects are at various stages of completion. Plans are ongoing for the commissioning of already completed community development projects and for the award of scholarships to several students from the host communities.