[et_pb_section fb_built=”1″ admin_label=”Page Title Section” _builder_version=”4.6.6″ use_background_color_gradient=”on” background_color_gradient_start=”#24346f” background_color_gradient_end=”rgba(0,0,0,0)” background_color_gradient_direction=”120deg” background_color_gradient_overlays_image=”on” background_image=”\/wp-content\/uploads\/2020\/11\/WAEP-ABOUT-US-1.jpg” custom_padding=”17px||110px|||” background_last_edited=”on|phone” background_color_gradient_start_phone=”#1a2d70″ null_phone=”#24346f”][et_pb_row column_structure=”1_2,1_2″ admin_label=”Page Title Area” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”1_2″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.6.6″ text_font=”||||||||” header_font=”Karla|600|||||||” header_font_size=”60px” header_line_height=”1.2em” header_2_font=”||||||||” header_2_font_size=”60px” background_layout=”dark” custom_margin=”||20px|” custom_padding=”|||” animation_style=”fade” header_font_size_tablet=”” header_font_size_phone=”40px” header_font_size_last_edited=”on|phone”]<\/p>\n
[\/et_pb_text][et_pb_text admin_label=”Page Subtitle” _builder_version=”4.6.6″ text_font=”Aleo||||||||” text_font_size=”18px” text_line_height=”1.8em” header_font=”||||||||” background_layout=”dark” animation_style=”fade”]<\/p>\n
West African Exploration and Production Company Limited is a Limited Liability Company incorporated under the laws of the Federal Republic of Nigeria on 25th February, 2014.<\/p>\n
[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”About Us Section” _builder_version=”4.6.6″ background_enable_color=”off” custom_margin=”-1px|||||” custom_padding=”57px||62px|||”][et_pb_row admin_label=”About Us Area” _builder_version=”3.25″][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.6.6″ text_font=”||||||||” header_font=”||||||||” header_2_font=”Karla|600|||||||” header_2_text_align=”center” header_2_font_size=”36px” header_2_line_height=”1.2em” max_width=”525px” module_alignment=”center” custom_margin=”||0px|” animation_style=”fade”]<\/p>\n
[\/et_pb_text][et_pb_divider color=” #b81822 ” divider_position=”center” divider_weight=”3px” _builder_version=”4.6.6″ max_width=”50px” module_alignment=”center” custom_margin=”|||” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”10%” animation_starting_opacity=”100%”][\/et_pb_divider][et_pb_text _builder_version=”4.6.6″ text_font=”Aleo||||||||” text_font_size=”16px” text_line_height=”1.8em” text_orientation=”center” max_width=”750px” module_alignment=”center” custom_margin=”|||” custom_padding=”|||” animation_style=”fade”]<\/p>\n
WAEP is a registered company with the Corporate Affairs Commission of Nigeria, with RC No: 1173358.\u00a0<\/span>We have a strategic partnership\/alliance with Dangote Exploration Assets Limited (80%), Dansa Energy Resources Limited (5%) and First Exploration and Petroleum Development Company Limited (15%).\u00a0<\/span><\/p>\n In 2015, WAEP acquired a 45% working interest in OML 71 and OML 72 from the SPDC JV (Shell Petroleum and Development Company of Nigeria Limited, Total E&P Nigeria Limited and Nigerian Agip Oil Company Limited). The company is the operator of OML 71 and OML 72 on behalf of the WAEP-NNPC JV.\u00a0<\/span>These blocks are located south of the Bonny Island. There are 7 major discovered fields in OML 72 namely \u2013 Kalaekule, KD, Koronama, Kugbe, KL, KQ, Kappa, while OML 71 has 2 main fields called KI and KI south.<\/span><\/p>\n Of all the fields, only Kalaekule has been developed and produced. The field was in production between 1986 and 2002 with average production of c.22,000 bbl\/d and was shut-in by the SPDC JV in 2002 to allow for a planned refurbishment of the field facilities.<\/span><\/p>\n The estimated HCIIP volume in OML 72 is 1,149MMstb of oil and 2.447Tcf of Gas whilst OML 71 is estimated to have 158MMstb of oil and 1.4Tcf of gas thus presenting an opportunity for significant oil and gas development.<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Our Story Section” _builder_version=”4.6.6″ background_enable_color=”off” background_color_gradient_direction=”0deg” custom_padding=”100px||0px|”][et_pb_row column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”0″ make_equal=”on” admin_label=”Our Story Area” module_class=” et_pb_row_fullwidth” _builder_version=”4.6.6″ background_color=”#24346f” use_background_color_gradient=”on” background_color_gradient_start=”rgba(36,52,111,0.89)” background_color_gradient_end=”#24346f” background_color_gradient_overlays_image=”on” background_image=”\/wp-content\/uploads\/2020\/11\/WAEP-ASSETS-3-scaled.jpg” width=”100%” width_tablet=”100%” width_phone=”” width_last_edited=”on|desktop” max_width=”100%” max_width_tablet=”100%” max_width_phone=”” max_width_last_edited=”on|desktop” custom_padding=”0px||0px|” make_fullwidth=”on”][et_pb_column type=”1_2″ _builder_version=”4.6.6″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”\/wp-content\/uploads\/2020\/11\/WAEP-ABOUT-2.jpg” title_text=”WAEP ABOUT 2″ force_fullwidth=”on” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.6.6″ custom_margin=”-100px|||” custom_margin_tablet=”0px|||” custom_margin_phone=”” custom_margin_last_edited=”on|tablet”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”3.25″ custom_padding=”5%|5%|5%|5%” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.6.6″ text_font=”||||||||” header_font=”||||||||” header_2_font=”Karla|600|||||||” header_2_font_size=”36px” header_2_line_height=”1.2em” background_layout=”dark” max_width=”750px” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”10%” animation_starting_opacity=”100%”]<\/p>\n [\/et_pb_text][et_pb_divider color=” #b81822 ” divider_position=”center” divider_weight=”3px” _builder_version=”4.6.6″ max_width=”50px” animation_style=”slide” animation_intensity_slide=”10%” animation_starting_opacity=”100%”][\/et_pb_divider][et_pb_text _builder_version=”4.6.6″ text_font=”Aleo||||||||” text_text_color=”rgba(255,255,255,0.7)” text_font_size=”18px” text_line_height=”1.8em” max_width=”750px” custom_margin=”25px|||” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”10%” animation_starting_opacity=”100%”]<\/p>\n At WAEP we share a set of core values that define who we are and how we conduct our business:<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Our Story Section” _builder_version=”4.6.6″ background_enable_color=”off” background_color_gradient_direction=”0deg” custom_padding=”0px||0px|”][et_pb_row column_structure=”1_2,1_2″ use_custom_gutter=”on” gutter_width=”0″ make_equal=”on” admin_label=”Our Story Area” module_class=” et_pb_row_fullwidth” _builder_version=”4.6.6″ background_color=”#24346f” use_background_color_gradient=”on” background_color_gradient_start=”#24346f” background_color_gradient_end=”rgba(36,52,111,0.9)” background_color_gradient_type=”radial” background_color_gradient_direction_radial=”right” background_color_gradient_start_position=”66%” background_color_gradient_overlays_image=”on” background_image=”\/wp-content\/uploads\/2020\/11\/WAEP-ASSETS-4.jpg” width=”100%” width_tablet=”100%” width_phone=”” width_last_edited=”on|desktop” max_width=”100%” max_width_tablet=”100%” max_width_phone=”” max_width_last_edited=”on|desktop” custom_padding=”0px||0px|||” make_fullwidth=”on”][et_pb_column type=”1_2″ _builder_version=”3.25″ custom_padding=”5%|5%|5%|5%” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.6.6″ text_font=”||||||||” header_font=”||||||||” header_2_font=”Karla|600|||||||” header_2_font_size=”36px” header_2_line_height=”1.2em” background_layout=”dark” max_width=”750px” custom_margin=”9px|||||” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”10%” animation_starting_opacity=”100%”]<\/p>\n [\/et_pb_text][et_pb_divider divider_position=”center” divider_weight=”3px” _builder_version=”4.6.6″ max_width=”50px” animation_style=”slide” animation_intensity_slide=”10%” animation_starting_opacity=”100%”][\/et_pb_divider][et_pb_text _builder_version=”4.6.6″ text_font=”Aleo||||||||” text_text_color=”rgba(255,255,255,0.7)” text_font_size=”18px” text_line_height=”1.8em” max_width=”750px” custom_margin=”10px|||||” animation_style=”fold” animation_direction=”left” animation_intensity_fold=”10%” animation_starting_opacity=”100%”]<\/p>\n Our Mission<\/b> is to deliver sustainable operational excellence while growing the resource base with highly diverse and motivated staff.<\/p>\n Our Vision<\/b> is\u00a0to be the most efficient, innovative and independent Exploration and Production Company creating value for all stakeholders.<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”\/wp-content\/uploads\/2020\/11\/WAEP-ABOUT-3.jpg” title_text=”WAEP ABOUT 3″ force_fullwidth=”on” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.6.6″ custom_margin=”-100px|||” custom_margin_tablet=”0px|||” custom_margin_phone=”” custom_margin_last_edited=”on|tablet”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Hero Section” _builder_version=”4.6.6″ background_color=” rgba(150,150,150,0.13)” custom_padding=”0|0px|0px|0px” saved_tabs=”all”][et_pb_row column_structure=”3_5,2_5″ use_custom_gutter=”on” make_equal=”on” _builder_version=”4.6.6″ width=”100%” max_width=”100%” min_height=”1083px” custom_margin=”|auto|-19px|auto||” custom_padding=”0px|0|18px|||” use_custom_width=”on” width_unit=”off” custom_width_percent=”100%”][et_pb_column type=”3_5″ _builder_version=”3.25″ custom_padding=”200px|4%|200px|8%” custom_padding_tablet=”60px|10%|60px|10%” custom_padding_phone=”” custom_padding_last_edited=”on|tablet” padding_tablet=”60px|10%|60px|10%” padding_last_edited=”on|tablet” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.6.6″ text_font=”||||||||” text_text_color=”#b81822″ text_font_size=”3px” header_font=”||||||||” header_2_font=”Aleo||||||||” header_2_text_color=”#232323″ header_3_font=”Karla|700||on|||||” header_3_text_color=”#b81822″ header_3_font_size=”16px” header_3_letter_spacing=”1px” header_3_line_height=”1.5em” background_layout=”dark” max_width=”600px” module_alignment=”left” custom_margin=”||-2px|||” locked=”off”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.6.6″ text_font=”||||||||” text_text_color=”#b81822″ text_font_size=”3px” header_font=”||||||||” header_3_font=”Karla|700||on|||||” header_3_text_color=”#b81822″ header_3_font_size=”16px” header_3_letter_spacing=”1px” header_3_line_height=”1.5em” background_layout=”dark” max_width=”600px” module_alignment=”left” custom_margin=”||20px|” locked=”off”]<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.6.6″ text_font=”Aleo||||||||” text_font_size=”18px” text_line_height=”1.8em” header_font=”Aleo||||||||” header_font_size=”56px” header_line_height=”1.4em” header_2_font=”||||||||” header_3_font=”||||||||” max_width=”600px” header_font_size_tablet=”40px” header_font_size_phone=”” header_font_size_last_edited=”on|tablet” locked=”off”]<\/p>\n He obtained a Bachelor of Science degree with First Class honours in Mechanical Engineering at the University of Lagos. He has over 30 years post-graduation experience, out of which 25 years have been spent within the mid-stream and upstream sectors of the Oil & Gas industry. While working for Shell subsidiary in Nigeria (SPDC JV), he held key roles and carried out several short assignments in different countries including Egypt, Ghana, Togo, Gabon, Cameroon, Sultanate of Oman, Netherlands, USA and the UK. Prior to taking up the role of Managing Director in West African Exploration & Production Company Limited (WAEP), he was the General Manager, Non-Operating Ventures and Corporate Planning in FIRST Exploration & Petroleum Development Company (FIRST E&P), with responsibilities for value creation from the following assets: OML-71, OML-72 and OML-34 and driving business performance as detailed in the annual 5-year Business Plan. One of his major achievements as an E & P professional was leading a multi-disciplinary team to successfully bid and secure the award of a deep-water block to an independent oil company operating within the West African region. He enjoys mentoring and coaching young E&P professionals towards actualizing their potentials within and outside the industry. His mandate in WAEP is to turn the young company into an enviable independent E&P Company within West Africa through focus on technical and operational excellence. He is married and a functioning member of the Society of Petroleum Engineers.<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.6.6″ use_background_color_gradient=”on” background_color_gradient_start=”#24346f” background_color_gradient_end=”rgba(36,52,111,0.93)” background_color_gradient_direction=”182deg” background_color_gradient_overlays_image=”on” background_image=”\/wp-content\/uploads\/2020\/11\/WAEP-HOME-1.png” custom_padding=”100px||100px|” custom_padding_tablet=”60px||60px|” custom_padding_phone=”” custom_padding_last_edited=”on|desktop” padding_tablet=”60px||60px|” padding_last_edited=”on|desktop” custom_padding__hover=”|||”][et_pb_image src=”\/wp-content\/uploads\/2020\/11\/Rotimi-Adefarasin.jpeg” title_text=”Rotimi Adefarasin” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”4.6.6″ background_enable_color=”off” max_width=”600px” max_width_tablet=”” max_width_phone=”” max_width_last_edited=”on|desktop” custom_margin=”-4px|||-8%|false|false” custom_margin_tablet=”60px|60px|60px|60px” custom_margin_phone=”” custom_margin_last_edited=”on|desktop” custom_padding=”|||” animation_style=”slide” animation_direction=”right” animation_intensity_slide=”4%” animation_starting_opacity=”50%” box_shadow_style=”preset3″ box_shadow_blur=”80px”][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Projects” _builder_version=”4.6.6″ background_color=”#24346f” custom_padding=”130px|0px|0px|0px||” global_module=”962″][et_pb_row column_structure=”3_5,2_5″ _builder_version=”4.6.6″ _module_preset=”default” background_color=”#b81822″ min_height=”226px” custom_margin=”-175px||0px||false|false” custom_margin_tablet=”” custom_margin_phone=”-111px||||false|false” custom_margin_last_edited=”on|phone” custom_padding=”58px||24px||false|false”][et_pb_column type=”3_5″ _builder_version=”4.6.6″ _module_preset=”default”][et_pb_blurb title=”OPERATIONAL HEAD OFFICE” use_icon=”on” font_icon=”%%122%%” icon_color=”#ffffff” icon_placement=”left” _builder_version=”4.6.6″ _module_preset=”default” header_font=”|700|||||||” header_text_color=”#ffffff” body_text_color=”#ffffff” custom_margin=”|||120px|false|false” custom_margin_tablet=”|||0px|false|false” custom_margin_phone=”|||0px|false|false” custom_margin_last_edited=”on|desktop”]<\/p>\n Waterfront Plaza, 270A Ozumba Mbadiwe Avenue, [\/et_pb_blurb][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.6.6″ _module_preset=”default”][et_pb_blurb title=”EMAIL” use_icon=”on” font_icon=”%%153%%” icon_color=”#ffffff” use_circle=”on” icon_placement=”left” use_icon_font_size=”on” icon_font_size=”20px” _builder_version=”4.6.6″ _module_preset=”default” header_font=”|700|||||||” header_line_height=”2.2em” background_layout=”dark” min_height=”60px”]waep@waepco.com[\/et_pb_blurb][et_pb_blurb title=”TELEPHONE” use_icon=”on” font_icon=”%%264%%” icon_color=”#ffffff” use_circle=”on” icon_placement=”left” use_icon_font_size=”on” icon_font_size=”20px” _builder_version=”4.9.6″ _module_preset=”default” header_font=”|700|||||||” header_line_height=”2.2em” background_layout=”dark” min_height=”60px” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n 08132469566<\/p>\n [\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" About Us West African Exploration and Production Company Limited is a Limited Liability Company incorporated under the laws of the Federal Republic of Nigeria on 25th February, 2014.Company OverviewWAEP is a registered company with the Corporate Affairs Commission of Nigeria, with RC No: 1173358.\u00a0We have a strategic partnership\/alliance with Dangote Exploration Assets Limited (80%), Dansa […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-193","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/pages\/193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/comments?post=193"}],"version-history":[{"count":51,"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/pages\/193\/revisions"}],"predecessor-version":[{"id":1218,"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/pages\/193\/revisions\/1218"}],"wp:attachment":[{"href":"https:\/\/www.waepco.com\/index.php\/wp-json\/wp\/v2\/media?parent=193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Our Core Values<\/h2>\n
\n
What drives us<\/h2>\n
Rotimi Adefarasin<\/span><\/h2>\n
Managing Director <\/h3>\n
2nd Floor, Ecobank Building,
Victoria Island, Lagos, Nigeria.<\/p>\n