Ingentia Energies Limited, a leading independent energy organization, reaffirmed its commitment to its host communities with festive visits to Egbolom and Omelema in Rivers State,&nbsp;Nigeria.&nbsp; As part of their ongoing Corporate Social Responsibility (CSR) efforts, the company distributed essential gifts to residents in celebration of the festive&nbsp;season.In December 2023, Representatives from Ingentia Energies Limited made a memorable visit to its Host Communities, where they were warmly welcomed by residents eager to share in the holiday spirit. The company's aim was not only to distribute gifts but also to foster a sense of unity and solidarity within the community during this special time of year.<img class="image_resized" style="width:25%;" src="https://res.cloudinary.com/dvtibors8/image/upload/v1709221347/DJI_0141_f2d6ce2183.jpg" alt="DJI_0141.jpg" srcset="https://res.cloudinary.com/dvtibors8/image/upload/v1709221347/thumbnail_DJI_0141_f2d6ce2183.jpg 245w,https://res.cloudinary.com/dvtibors8/image/upload/v1709221349/small_DJI_0141_f2d6ce2183.jpg 500w,https://res.cloudinary.com/dvtibors8/image/upload/v1709221349/medium_DJI_0141_f2d6ce2183.jpg 750w," sizes="100vw">. &nbsp; &nbsp;<img class="image_resized" style="width:25%;" src="https://res.cloudinary.com/dvtibors8/image/upload/v1709221347/DSC_1959_a91fa10914.jpg" alt="DSC_1959.jpg" srcset="https://res.cloudinary.com/dvtibors8/image/upload/v1709221347/thumbnail_DSC_1959_a91fa10914.jpg 235w,https://res.cloudinary.com/dvtibors8/image/upload/v1709221348/small_DSC_1959_a91fa10914.jpg 500w," sizes="100vw"> &nbsp; &nbsp;&nbsp;<img class="image_resized" style="width:25%;" src="https://res.cloudinary.com/dvtibors8/image/upload/v1709221347/DSC_1993_c6aeaf6309.jpg" alt="DSC_1993.jpg" srcset="https://res.cloudinary.com/dvtibors8/image/upload/v1709221347/thumbnail_DSC_1993_c6aeaf6309.jpg 235w,https://res.cloudinary.com/dvtibors8/image/upload/v1709221349/small_DSC_1993_c6aeaf6309.jpg 500w," sizes="100vw">

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Ingentia Energies Limited visit to its Host Communities

The Nigerian Geoscientist Olajumoke Ajayi has been named the Chief Executive Officer of Ingentia Energies Limited (IEL), a newly formed independent exploration and production company. She was, until September 2022, the Managing Director of Asharami Energy, the upstream arm of Sahara Group, an energy conglomerate that claims operations in over 38 countires. Ingentia Energies Limited is the consortium of five companies that hold equities in Egbolom field, one of the assets offered in the 2020 Nigerian Marginal field bid round (MFBR)&nbsp;Olajumoke led Asharami Energy’s operations across Nigeria, Ghana and Ivory Coast. She is one of a handful of females Managing Directors, especially with technical background, running E&amp;P companies that actively operated in the Nigerian upstream industry.Ajayi holds a Bachelor’s and a Master of Science degree in Applied Geophysics and started her career with Mobil Producing Nigeria Unlimited (ExxonMobil). She also worked in Degeconek Consulting, Peak Petroleum Limited and Centrica Resourced Nig. Ltd (British Gas).“Having gathered technical experience in 2D/3D Seismic acquisition &amp; processing, land and onshore seismic data interpretation, drilling and production. Olajumoke certainly has a full grasp of the entire industry operations”, according to a citation by the Energy Council, an energy investment networking platform. “She has shown a tremendous capacity for leadership, spearheading the exploration team that successfully drilled and delivered Asharami Energy’s first three wells” the citation notes.A member of the American Association of Petroleum Geologist (AAPG) and a past Vice President of the Nigerian Association of Petroleum Explorations (NAPE), her primary job is to take the Egbolom field to first oil as early as it is technically possible.

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CEO appointed to drive the vision of Ingentia Energies Limited

Following a successful bid for the Egbolom marginal field (OML23) during the 2020 marginal field bid round, the Federal Government of Nigeria granted SunTrust Oil Company Nigeria Limited(now SunTrust Atlantic Energies Limited), Petrogas Energy Trade W.A. Limited, Somora GTP Limited, Moore Oil Exploration and Production Nig. Limited and Genesis Hydrocarbons Limited participating interest in PPL 202&nbsp;<figure class="image"><img src="https://res.cloudinary.com/dvtibors8/image/upload/v1704969839/image_986eee5ae1.png" alt="Map of oilfield"></figure>Further to the directive of the Nigerian Upstream Petroleum Regulatory Commission to incorporate a special purpose vehicle to operate the Egbolom field, the licencees have jointly incorporated Ingentia Energies Limited (“IEL”); each licencee’s shareholding in IEL corresponding with its participating interest in PPL 202.The Egbolom field (PPL 202), formerly situated in OML 23, was discovered in 1982 by Shell. It is an onshore (swamp) marginal field located in the Central Niger Delta Sedimentary Basin, 12km from the Ogbele terminal and about 18km north-east of the Soku Field, operated by Shell.Egbolom has an Estimated Ultimate Recoverable (2P) Reserves of about 86 million barrels and STOIIP (2P) of 219.8 million barrels. The Egbolom Discovery consists of two wells, Egbolom-1, a vertical well drilled in March 1982 to a total depth of 11,118 ft MD and Egbolom-2 drilled in August 1986 approximately 2.1 km north-west of Egbolom-1 to depth of 12,390 ft MD. The wells encountered stacked sand and shale intervals of the Miocene Agbada Formation. The regional source rock is the underlying Akata shale.Egbolom Field development plan has commenced, but a phased approach, driven by strong commercials would determine further development. In the short term, processed crude will be trucked from Egbolom field to a nearby facility. Long term transport would be via pipeline.

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Petroleum Prospecting Licence 202 (PPL 202) – Egbolom Field

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Ingentia Energies Limited CEO visit to the PPL 202 (Egbolom Field)

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