AMNI Targets 12,000 BPD from Okoro Field Offshore Campaign

AMNI International Petroleum Development Company is initiating a new offshore campaign at the Okoro field, which is a core production asset for the company. This campaign is part of a development program aimed at optimizing production performance and improving reservoir management to sustain output.

The company plans to conduct three drilling campaigns to achieve peak production above 12,000 barrels per day, as part of a broader five-year strategic development plan. AMNI's investment pipeline exceeds $2.5 billion across various oil and gas projects, with a projected peak production of 150,000 barrels of oil equivalent per day.

Dr. Tund Afolabi, the Chairman and CEO, emphasized the importance of disciplined investment in Nigeria's upstream sector. The arrival of the drilling rig marks a significant operational milestone and reflects AMNI's commitment to long-term value creation and the development of indigenous operations in Nigeria's oil and gas industry.