Oil & Gas - ​Egbolom Field

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As part of our vision to become a leading oil and gas exploration and production company in Africa, we continue to seek expansion opportunities in Nigeria and beyond.

SunTrust Atlantic Energies Limited (“SunTrust Atlantic”), formerly SunTrust Oil, was i...
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As part of our vision to become a leading oil and gas exploration and production company in Africa, we continue to seek expansion opportunities in Nigeria and beyond.

Egbolom Field

Following a successful bid for the Egbolom field – Petroleum Prospecting Licence 202 (PPL 202, formerly OML23) during the 2020 marginal field bid round, the Federal Government of Nigeria granted SunTrust Atlantic Energies Limited ("SunTrust Atlantic") a 35.82% participating interest in PPL 202 (“Participating Interest”). PPL 202 is jointly held by SunTrust Atlantic, being the licensee with the largest participating interest, and four others.

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