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| Seriake Dickson |
Following the determination of Governor Seriake
Dickson of Bayelsa State to develop the state-owned Atala oilfield,
several foreign investors were said to have indicated interest in the marginal
asset E-biz has learnt.
It was gathered that during the recent Bayelsa
State Investment and Economic Forum in Yenagoa, promoters of some foreign
companies met officials of the state government for possible partnership.
Atala oil field is located on Oil Mining Lease
(OML) 46, is one of the 24 Marginal fields allocated to 31 indigenous companies
and state owned companies during the marginal fields licensing round in 2003.
Out of the 24 marginal fields, Atala field is one
of the eight fields developed by investors to a point of producing and
contributing one per cent to Nigeria's daily crude oil production.
One of the promoters of foreign investors from
Houston, Texas in United States told E-biz at the weekend that the meeting
provided him the opportunity to study the successes recorded by the state
government.
The field has recorded estimated cumulative
production of about 60,000 barrels in storage barges,
The Atala field is a role model for oil industry
development for Public Private Partnership (PPP).
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