Heirs Energies Revives 100 Oil Wells in 100 Days; Targets Production Growth

Heirs Energies announced the successful reactivation of 100 dormant oil wells within 100 days, aiming to ramp up production in Nigeria's Niger Delta region. The integrated oil firm, led by Tony Elumelu's Heirs Holdings, achieved this milestone as part of its commitment to boosting oil production.

CEO Osa Igiehon highlighted the company's focus on transparency and value creation in the energy sector. The firm's ambition is to become a leading energy business in Nigeria, emphasizing growth in production to meet domestic energy demands.

By reviving previously inactive wells and addressing technical and security challenges, Heirs Energies aims to contribute significantly to Nigeria's energy sector.