Century Exploration & Production Limited

CEPL is one of CG’s principal subsidiaries responsible for harnessing, developing exploration and production opportunities available to indigenous companies in Nigeria and internationally. EPL was established in 2008 and recently executed a Farmin-Agreement with the Bayelsa State Oil Company (BOCL) for the development of the state owned Atala (OML 46) marginal field. CEPL is presently in discussions with dormant Marginal field operators for Farm-in-Agreement of their hydrocarbon assets. The responsibility of administering CEPL and the achievement of its vision lies with the management team comprising of highly experienced and skilled professionals mainly in the oil and gas industry. A professional board carefully chosen to add value to the company’s activities oversees the broad corporate governance issues of the company. CEPL recently delivered the Atala-1 well (Atala Field situate in OML 46, South-west Bayelsa State) after a successful re-entry and initial completions operations, with a production potential circa 5,000 bopd. CEPL also leverages on the experience of its sister company, Century Energy Services Limited, CESL, in the execution of our obligations. Exploring E & P opportunities in Ghana, Uganda, Gabon, Sierra Leone and Liberia.