ExxonMobil finds one billion bbls of oil offshore Nigeria

Exxon Mobil Corporation has announced a significant discovery with a potential recoverable resource of between 500 million and one billion barrels (bbls) of oil on the Owowo field offshore Nigeria.

According to the American oil giant, the Owowo field spans portions of the contract areas of Oil Prospecting Licence (OPL) 223 and Oil Mining Licence (OML) 139. The well was drilled by ExxonMobil affiliate Esso Exploration and Production Nigeria (Deepwater Ventures) Limited and proved additional resource in deeper reservoirs.

The firm said Owowo-3 was safely drilled to 10,410 feet (3,173 meters) in 1,890 feet (576 meters) of water.  The Owowo-3 well, which was spud on September 23, encountered about 460 feet (140 meters) of oil-bearing sandstone reservoir. Owowo-3 extends the resource discovered by the Owowo-2 well, which encountered about 515 feet (157 meters) of oil-bearing sandstone reservoir.

“We are encouraged by the results and will work with our partners and the government on future development plans,” said Stephen M. Greenlee, President of ExxonMobil Exploration Company.

ExxonMobil holds 27 percent interest and is the operator for OPL 223 and OML 139. Joint venture partners include Chevron Nigeria Deepwater G Limited (27 percent interest), Total E&P Nigeria Limited (18 percent interest), Nexen Petroleum Deepwater Nigeria Limited (18 percent interest), and the Nigeria Petroleum Development Company Limited (10 percent interest).

The discovery is cheery news for the Federal Government following the drive for increased output. Oil firms and the government have suffered huge financial losses as a result of attacks by militants in the Niger Delta region.

According to Lagos-based SBM Intelligence risk analysts, ExxonMobil, Dutch-British Shell and Chevron lost estimated $7.1 billion in the first half of this year, which is about 70 per cent of earnings, through militant attacks, low oil prices and weak refinery margins.


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Comment on Dangote asks FG to reverse privatisation of power by Victor Adamolekun

It is quite obvious that most of the guys who bought into the power business went into it with only their classroom knowledge of Electrical Engineering without the necessary acumen to make the services adequate to users and profitable to them as well. Government was also in a hurry to sell,make money and hands off the tricky business to the eager buyers. There should have been proper scrutiny of the capability and capacity of the buyers regarding sustainability of services. The operators are adrift now as a result of their inadequate knowledge of the business aspect of the entire project. There has to be a renegotiation that will lead to a smooth transfer to the financial heavyweights who can provide us with power. Now is the time to get it right.

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Harry Potter: You can now study witchcraft and wizardry in France


Admission is now opened for you to study witchcraft and wizardry!

Hello Potterheads! Guess what? Admission is now opened for you to study witchcraft and wizardry!


Fans behind the Mimbulus Mimbletonia Association are opening a wizarding school for muggles at Château de Jolibert in Bourgougnague, France.

The school will offer classes over four days, from May 25 to May 28, 2017. Only 100 lucky students can attend. Students must be 16 or older, and students under 18 will need a permission slip from their parents. Huffington Post reported.


The four-day experience is modeled after the first Harry Potter book, Harry Potter and the Sorcerer’s Stone. Students will take part in a sorting ceremony, learn to play Quidditch, and take classes in Botany, Potions and Charms. 

The Mimbulus Mimbletonia Association is the brainchild of two French Harry Potter fans, so all lessons and activities will be conducted in French. Only fluent French speakers will be able to participate.


Details about the event have not been revealed yet but you can check out the Facebook Page and website for more.

ALSO READ: 4-months old baby transforms into Harry Potter boy wizard

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Startup Genome is currently carrying out a survey on the Lagos tech ecosystem

startup genome 2016 lagos survey

This year, Startup Genome (formerly Compass Research) is working with the Nigerian Office for ICT Innovation & Entrepreneurship (OIIE) to feature Lagos in their 2016 Global Startup Ecosystem Report, and they need help filling their survey on the Lagos tech ecosystem.

Startup Genome is currently leading the world’s broadest and most in-depth research on startup ecosystems, assessing over 50 cities across more than 50 resource and performance metrics. Their 2015 Global Startup Ecosystem Report has been described as a key resource for founders and investors alike, with about 150,000 downloads and features in TechCrunch and The Economist.

Tech founders and entrepreneurs based in Lagos are encouraged to take this year’s survey to ensure the Lagos ecosystem is correctly represented in the report. Respondents who complete the survey will have access to free and discounted services, and a chance to qualify for free AWS credits worth $100,000.

That said, if you’re interested in helping out (and you should be), click here to participate. The survey will be open for two more weeks.

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2017: Anambra belongs to APGA, says Ezeonwuka


Igbo leader and Board of Trustees (BoT) member of the All Progressives Grand Alliance (APGA), in Anambra State, Rommy Ezeonwuka said those planning to destabilise party  and cause division within it should think of relocating to avoid being disgrace.
In a statement, the BoT member of APGA said those jostling to unseat Governor Willie Obiano in the 2017 Anambra governorship race will fail, especially  as they have nothing new to offer the people.

“The most important dividend any government can provide to its people remains security, which Governor Obiano has made tremendous progress on. We remember the state of security in Anambra some years ago. Back then over 80 percent of our businessmen and women left the state for other parts of the country due to incessant kidnapping and armed robbery. In about four years under Obiano Anambra has become the safest state in Nigeria. This is a wonderful achievement, difficult for any aspirant to surpass,” he said.
He called on those who left the party to return and join in moving the state forward, noting that,  “everybody cannot be governor. What the state needs right now are ideas that will make it greater.”
He called on the National Assembly lawmakers representing the southeast region to raise issues that will impact positively on the region and its people.

He said: “If nothing is done to fix federal government roads in south east after the expiration of their tenure, then they would have failed the people.”
Ezeonwuka commended Governor Obiano for a job well done, saying,  “with the meager fund accrued to the state, he has been able to pilot the affairs of Ndi-Anambra. Those who think he has not done well are either blind or are unfamiliar with progress. Today Anambra is number one in agriculture and security, with foreign investors flocking to do business in the state. Despite economic challenges facing the state and the  country at large, the governor has ensured that projects aimed at improving the lives, welfare and well being of the people are been executed. This is government of the people with human face and integrity.”

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Akure protest: Police assure residents of safety

Eyitayo Jegede

Eyitayo Jegede

The Police Command in Ondo has assured the residents of Akure of their safety from the violent protest which erupted in the state in early hours of Friday.

The protest followed the Independent National Electoral Commission (INEC) replacement of the name of Eyitayo Jegede with Jimoh Ibrahim as the PDP governorship candidate for the Nov. 26 election.

The command’s spokesman, ASP Femi Joseph, told News Agency of Nigeria (NAN) the police were committed to the protection of the lives and property.Joseph enjoined the people to keep calm as normalcy would soon be restored, adding that the command had dispatched officer and men to the scene of protests on Oba Adesida Road.

“We are aware and our men are on their way to the scene, I will speak with you more later as the incident develops.

“We are trying to coordinate our men so that the incident will not escalate,” he said.NAN reports that passengers had to alight from taxis and buses due to burnt tyres and debris on roads in Akure

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For Men Over 40 Years “I Almost Died Of Prostate Cancer And Painful Ejaculation

My Name is Ezekiel, An Abuja based civil servant and I would like to share my story with you as regards how I almost died from prostate cancer.
Am in my late forties, married with 2 lovely children and a beautiful housewife who is in her mid-thirties.
And as such, I have an active sex life with my beautiful woman.
I have been hearing about prostrate health issues but never really took it serious as even one of my colleague advised I also go for a checkup, which unfortunately, I never did.
But alas, it all got really bad when I was making love with my wife and as I was about to ejaculate, I began to scream as instead of pleasure, but was pure pains I was feeling down there in my penis.
My wife was actually scared, even my children had to come knocking as they were home, wondering what was happening as a result of the scream which my wife had to quickly cover up that I simply fell down in the bathroom.
That went by, from that day onward, I started to see that I could not last in bed any longer and it was getting weaker as weeks went by with the pains gradually coming and going which began to make me uncomfortable.
I simply had to alert my friend about my predicament when he recommended I went for a checkup.
After various test carried out, it was revealed I had prostate cancer which was in its early stage and needed to start taking care of myself if I didn’t want any further damage.
I also got to know that prostate cancer forms in the tissues of the prostate and grows slowly as one grows older until the person dies.
If care is not taken by that person, I was made to understand that it could cause impotency and ultimately death as there has been recorded cases of people dying from it all over the world.
This really got me disturbed because it simply meant I would not be able to enjoy my sexual activity as I used to if care is not managed.
I later got to know that men who have pot belly, arthritis or even diabetes are more prone to developing prostate cancer than the average person.
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