An international oil and gas production and exploration company headquartered in Canada, Ambit Energy Corporation focuses its investment activity on the Niger Delta Basin in Nigeria. By partnering with indigenous entities in Nigeria, Ambit Energy Corporation plans to achieve significant returns for its foreign investors.
Home to some of the most promising petroleum reserves in West Africa, the Niger Delta Basin plays host to a petroleum system known as the Agbada Formation. A number of directional factors form an oil-rich belt, which starts in the southeast offshore region and extends to the northwest offshore region. Due to geologic factors and distribution of the oceanic crust, this oil-rich belt includes sediments with the highest maturity per unit depth in the entire region.
In addition to this oil-rich belt, the Niger Delta Basin features several other areas with a high gas to oil ratio (GOR). Because many reservoirs in these areas are overpressured(under extreme pressure), exploration companies typically derive the majority of production from gas expansion.
Home to some of the most promising petroleum reserves in West Africa, the Niger Delta Basin plays host to a petroleum system known as the Agbada Formation. A number of directional factors form an oil-rich belt, which starts in the southeast offshore region and extends to the northwest offshore region. Due to geologic factors and distribution of the oceanic crust, this oil-rich belt includes sediments with the highest maturity per unit depth in the entire region.
In addition to this oil-rich belt, the Niger Delta Basin features several other areas with a high gas to oil ratio (GOR). Because many reservoirs in these areas are overpressured(under extreme pressure), exploration companies typically derive the majority of production from gas expansion.