Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has disclosed that the prognosis of Kolmani River-II Well was so far, good based on the preliminary evaluation reports.
Although no details was provided on the prognosis, Baru however, emphasized that the success in the ongoing oil search activity in the Gongola basin would boost the Federation’s coffers and open up huge business opportunities to Nigerians.
He was speaking when the Governor of Gombe State, Muhammadu Inuwa Yahaya, led a delegation of the State Executive on a courtesy visit to his office in Abuja on Thursday.
Dr Baru, reiterated that the corporation’s initiative to prospect for oil in the Gongola Basin and other parts was based on the commitment to harness the nation’s abundant natural resources for the growth of the country.
The GMD expressed satisfaction with the level of hospitality offered the corporation’s field operation team in the area, adding that such a gesture was required for meaningful development in the oil and gas sector.
He assured that NNPC would continue to live up to its mandate as it was ready to deploy its expertise in searching for oil in every part of the country.
Speaking earlier, the Governor declared his state’s determination to support the NNPC on its efforts towards increasing the nation’s hydrocarbon resource base through the on-going oil search activities in the Gongola Basin.