News

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SEPTEMBER 2022 OPERATIONS UPDATE

SEPTEMBER 2022 OPERATIONS UPDATE

SunTrust Oil and its Partners (“SunTrust Oil”) continue to suffer production activities downtime during the period under review. Various intervention activities will commence once crude evacuation activities resume. CRUDE EXPORT SunTrust Oil injection activities...

JULY 2022 OPERATIONS UPDATE

JULY 2022 OPERATIONS UPDATE

SunTrust Oil and its Partners (“SunTrust Oil”) suffered production activities downtime during the period under review. Completed intervention activity on a new gas -lift Well.  Other intervention activities will commence once crude evacuation activities resume....

JUNE 2022 OPERATIONS UPDATE

JUNE 2022 OPERATIONS UPDATE

SunTrust Oil and its Partners (“SunTrust Oil”) sustained production activities during the period under review. Completed intervention activity on a new gas -lift Well while planning for other intervention activities are currently ongoing. CRUDE EXPORT SunTrust Oil...

Egbolom Oil Field– OML23

Egbolom Oil Field– OML23

Following a successful bid for the Egbolom marginal field (OML23) during the 2020 marginal field bid round, SunTrust Oil was awarded a 35.82% participating interest in the Egbolom marginal field by the Federal Government of Nigeria. SunTrust Oil together with its co-...

MAY 2022 OPERATIONS UPDATE

MAY 2022 OPERATIONS UPDATE

SunTrust Oil and its Partners (“SunTrust Oil”) sustained production activities during the period under review. Planning for various intervention activities is currently ongoing. CRUDE EXPORT SunTrust Oil sustained injection activities through the Umugini Pipeline...

APRIL 2022 OPERATIONS UPDATE

APRIL 2022 OPERATIONS UPDATE

SunTrust Oil and its Partners (“SunTrust Oil”) sustained production activities during the period under review. Planning for various intervention activities is currently ongoing. CRUDE EXPORT SunTrust Oil sustained injection activities through the Umugini Pipeline...

MARCH 2022 OPERATIONS UPDATE

MARCH 2022 OPERATIONS UPDATE

SunTrust Oil and its Partners (“SunTrust Oil”) sustained production activities during the period under review. Commenced further intervention activities on Umu-Central-East location Well. Also commenced second half Maximum Efficient Rate, MER, tests for Umu Wells....

FEBRUARY 2022 OPERATIONS UPDATE

FEBRUARY 2022 OPERATIONS UPDATE

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...

JANUARY 2022 OPERATIONS UPDATE

JANUARY 2022 OPERATIONS UPDATE

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...

DECEMBER 2021 OPERATIONS UPDATE

DECEMBER 2021 OPERATIONS UPDATE

PRODUCTION ACTIVITIES – INTERVENTION ACTIVITIES 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-...

NOVEMBER 2021 OPERATIONS UPDATE

NOVEMBER 2021 OPERATIONS UPDATE

PRODUCTION ACTIVITIES SunTrust Oil and its Partners (“SunTrust”) sustained production activities during the period under review. Several well intervention operations are currently ongoing. When completed, we expect that the additional productions from these...

OCTOBER 2021 OPERATIONS UPDATE

OCTOBER 2021 OPERATIONS UPDATE

PRODUCTION ACTIVITIES 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...

SEPTEMBER 2021 OPERATIONS UPDATE

SEPTEMBER 2021 OPERATIONS UPDATE

PRODUCTION ACTIVITIES SunTrust Oil and its Partner are currently engaged in several well intervention operations. When completed, we expect that the additional productions from these intervention activities would help to sustain the approved reserve production...

AUGUST 2021 OPERATIONS UPDATE

AUGUST 2021 OPERATIONS UPDATE

PRODUCTION ACTIVITIES SunTrust Oil and its Partner have continued to reap the benefit of increased storage space at the Umusadege field. With about 110,000 barrels of storage space available, SunTrust Oil and its Partners were able to sustain injection at a restricted...

Egbolom Oil Field– OML23

Egbolom Oil Field– OML23

Following a successful bid for the Egbolom marginal field (OML23) during the 2020 marginal field bid round, SunTrust Oil was awarded a 35.82% participating interest in the Egbolom marginal field by the Federal Government of Nigeria. SunTrust Oil together with its co-...

November 2020 – Jan  2021 Operations Update

November 2020 – Jan 2021 Operations Update

PRODUCTION ACTIVITIES SunTrust Oil and its Partners have continued to reap the benefit of increased storage space at the Umusadege field. With about 110,000 barrels storage space available, SunTrust Oil and its Partners were able to sustain injection rate during/after...

JANUARY – MARCH 2019 OPERATIONS UPDATE

JANUARY – MARCH 2019 OPERATIONS UPDATE

DRILLING Plans are almost concluded for the drilling of the second well, (Umu West 2 development well), in the Umu Western location of the field during quarter two. Contracting process with several service contractors almost completed to ensure we meet up with the...