Tende Energy is an Africa-focused oil and gas development, production and exploration company, building a range of diversified producing and development assets.
Tende Energy is working in partnership with COPDC its Nigerian joint venture partner which has executed agreements with Nigeria Exploration and Production Limited ("NEPL"), formerly NPDC, a subsidiary of the Nigerian National Petroleum Corporation Limited ("NNPC") to develop the oil rich OML 65 onshore licence.
Phase 1 of the fully funded approved work programme focuses initially on the further development of the Abura field, involving the drilling and completion of up to 9 development wells, intended to double current production of 10,000 bopd from Abura's 2P reserves of 16.2 MMbbls1.
OML 65 also contains two further discovered fields, Owepele and Osioka with an estimated 34.9 MMbbls1 additional 2P reserves and two targeted deeper propsects at Abura and Oioka containing an additional 227 MMbbls1 oil in place, to which the Gaffney Cline Associates June 2021 CPR1 has attributed P50 prospective resources of 91 MMbbls1.
Tende Energy owns ATOG Midco Limited, together with its subsidiaries (“ATOG”), which has a portfolio of onshore and offshore interests in Tunisia.