SunTrust Oil and its Partners are currently engaged in several well intervention operations. Upon completion, it is expected that the additional production from these intervention activities would help to sustain the approved reserve production capacity.
SunTrust Oil has resumed injection activities through the Umugini Pipeline Infrastructure Limited (“UPIL”) pipeline. Crude injection to Forcados Oil Terminal was shut down due to equipment failure at the Ughelli Power station.
SunTrust Oil continues to ensure a peaceful working environment through strategic engagement with the various host communities. Various signed-off key developmental projects are at different stages of completion. Plans are ongoing for the commissioning of already completed community development projects. During the period under review, scholarship examinations for both secondary and tertiary students were conducted. The list of successful candidates would be published soon.