Atlas Petroleum International and Oranto Petroleum, the sister companies of the Atlas Oranto Group, own and operate oil and gas acreages in 10 African countries: Benin, Côte d’Ivoire, Equatorial Guinea, Ghana, Liberia, Namibia, Nigeria, São Tomé and Príncipe, Senegal and South Sudan. Founded in Nigeria in 1991, the group is Africa’s largest indigenous explorer by acreage.
Oranto Petroleum performs the role of early exploration phase licence operator, conducting subsurface technical work programs and acquiring seismic data. The company establish and de-risk prospectivity of acreages to attract technical partners to operate these licences during the exploration drilling phase. While Oranto often remains the administrative operator for a licence, drilling operations are typically conducted by a farm-in technical partner who conducts all well operations.
Oranto’s current portfolio spans onshore, near-shore, mid-shore and deepwater blocks. Many licences are adjacent to, on trend with and within the prospective fairway of recent world class discoveries in West Africa. Some deepwater prospects offer billion-barrel drilling opportunities. Also within the portfolio are field appraisal and development projects.
Atlas Petroleum International is the Group's production company and currently produces 14,000 boepd from two production hubs: Block I in Equatorial Guinea and OML109 offshore Nigeria.