The Kolmani River-II Well which drilling began last month by President Muhammadu Buhari is progressing satisfactorily, with drilling so far of 6,700 feet, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said yesterday.
Baru disclosed this while receiving an award presented to him by the Petroleum Technology Association of Nigeria (PETAN) Executive in Abuja yesterday.
According to a statement by NNPC spokesperson Ndu Ughamadu, Dr Baru explained that the target was 14,200 feet, although the
depth could be longer depending on the findings.
Prospecting for oil and gas in Kolmani River-II Well is one of the latest of the government into inland exploration in some parts of the country oil rig.
Dr. Baru commended PETAN for its contribution to the development of the Nigerian Petroleum Industry and pledged the support for all association in question.
Speaking earlier, the Chairman of PETAN, Mazi Bank Anthony Okoroafor, commended Dr. Baru for engineering transformation in every aspect of the Petroleum Industry since his assumption of office.
He cited the resumption of the oil exploration in the inland basins and the flag-off of Bonga Southwest project which has been in the shelf for more than 10 years as fruits of the GMD’s visionary leadership and doggedness