Petralon 54 Ltd has announced that it recently held a meeting with its host and impacted communities around the Dawes Island Field south of Port Harcourt in the Niger Delta.
The company officially presented its Petroleum Prospecting License No. 259 (PPL 259) to the Royal Fathers and the people ahead of starting sustained commercial production later this year.
“The initiative was aimed at building mutual understanding between our organisation and the Ogoloma, Okochiri and Koniju communities in Okrika Local Government Area, Rivers State,” the company said today.
Petralon 54 Ltd is a subsidiary of Petralon Energy, who was awarded PPL 259 in mid-2022 by the Federal Government of Nigeria, giving it operatorship of the Dawes Island Field. The group also holds an indirect minority interest in Prime Oil & Gas, which in turns entitles it to a net reflective production of some 3,000 barrels of oil equivalent per day (boepd) from the Agbami, Akpo, and Egina deep-water fields.