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Equator Exploration

Description

Equator Exploration Limited engages in the exploration and development of oil and gas projects in the highly prospective waters of West Africa. The company is part of Oando Energy Resource Inc which owns 81.5% of the company’s shares; the remaining shares are held by a diverse group of shareholders.

Oil & Gas Interests
The Company holds interests in five offshore oil & gas exploration projects in the Gulf of Guinea:

  • The Bilabri and Owanare oil and gas developments in OML 122, shallow water Nigeria, operated by Peak Petroleum Industries Nigeria Ltd (‘Peak’);
  • OPL 323 & OPL 321, deep water Nigeria, operated by the Korean National Oil Corporation (‘KNOC’);
  • Block 5 in the deep water exclusive zone in São Tomé & Príncipe in its Exclusive Economic Zone;
  • The award of Block 12 by the National Petroleum Agency of the Government of São Tomé & Príncipe in its Exclusive Economic Zone.

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