{"id":258,"date":"2020-11-14T03:19:58","date_gmt":"2020-11-14T03:19:58","guid":{"rendered":"http:\/\/waep.azurewebsites.net\/?page_id=258"},"modified":"2021-06-15T08:38:12","modified_gmt":"2021-06-15T08:38:12","slug":"home","status":"publish","type":"page","link":"https:\/\/www.waepco.com\/","title":{"rendered":"Home"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221;][et_pb_fullwidth_slider show_arrows=&#8221;off&#8221; _builder_version=&#8221;4.6.6&#8243; _module_preset=&#8221;default&#8221; animation_style=&#8221;fade&#8221; auto=&#8221;on&#8221;][et_pb_slide heading=&#8221;West African Exploration and Production Company Limited&#8221; button_text=&#8221;Read more&#8221; button_link=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjE5MyJ9fQ==@&#8221; use_bg_overlay=&#8221;on&#8221; use_text_overlay=&#8221;off&#8221; _builder_version=&#8221;4.6.6&#8243; _dynamic_attributes=&#8221;button_link&#8221; _module_preset=&#8221;default&#8221; header_font=&#8221;Karla|700|||||||&#8221; body_font=&#8221;Karla||||||||&#8221; body_font_size=&#8221;20px&#8221; background_image=&#8221;\/wp-content\/uploads\/2020\/11\/WAEP-HOME-4.jpg&#8221; background_enable_image=&#8221;on&#8221; parallax=&#8221;on&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;14px&#8221; button_bg_color=&#8221;#b81822&#8243; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;0px&#8221; button_font=&#8221;Karla|700||on|||||&#8221; header_text_shadow_style=&#8221;preset1&#8243; text_shadow_style=&#8221;preset1&#8243; sticky_transition=&#8221;on&#8221;]<\/p>\n<p>An indigenous Nigerian Oil and gas company<\/p>\n<p>[\/et_pb_slide][et_pb_slide heading=&#8221;Since 2013&#8230;&#8221; button_text=&#8221;Read more&#8221; button_link=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjE5MyJ9fQ==@&#8221; use_bg_overlay=&#8221;on&#8221; use_text_overlay=&#8221;off&#8221; _builder_version=&#8221;4.6.6&#8243; _dynamic_attributes=&#8221;button_link&#8221; _module_preset=&#8221;default&#8221; header_font=&#8221;Karla|700|||||||&#8221; body_font=&#8221;Karla||||||||&#8221; body_font_size=&#8221;20px&#8221; background_image=&#8221;\/wp-content\/uploads\/2020\/11\/WAEP-ABOUT-3.jpg&#8221; background_enable_image=&#8221;on&#8221; parallax=&#8221;on&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;14px&#8221; button_bg_color=&#8221;#b81822&#8243; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;0px&#8221; button_font=&#8221;Karla|700||on|||||&#8221; header_text_shadow_style=&#8221;preset1&#8243; text_shadow_style=&#8221;preset1&#8243; sticky_transition=&#8221;on&#8221;]<\/p>\n<p>West African Exploration and Production Company Limited has been a strategic partnership between Dangote Exploration Assets Limited (80%), Dansa Energy Resources Limited (5%) and First Exploration and Petroleum Development Company Limited (15%).<\/p>\n<p>[\/et_pb_slide][\/et_pb_fullwidth_slider][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Welcome &#038; About Us&#8221; _builder_version=&#8221;4.6.6&#8243; background_enable_color=&#8221;off&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_start=&#8221;#24346f&#8221; background_color_gradient_end=&#8221;rgba(36,52,111,0.85)&#8221; background_color_gradient_direction=&#8221;1deg&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;\/wp-content\/uploads\/2020\/11\/WAEP-HOME-3.jpg&#8221; custom_padding=&#8221;8%|0px|4.8%|0px||&#8221;][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; _builder_version=&#8221;3.25&#8243;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;Vision&#8221; image=&#8221;\/wp-content\/uploads\/2020\/11\/weap-vision-01.png&#8221; image_max_width=&#8221;31%&#8221; _builder_version=&#8221;4.6.6&#8243; header_font=&#8221;Aleo||||||||&#8221; header_font_size=&#8221;24px&#8221; header_line_height=&#8221;1.8em&#8221; body_font=&#8221;Karla||||||||&#8221; body_text_color=&#8221;rgba(255,255,255,0.7)&#8221; body_font_size=&#8221;16px&#8221; body_line_height=&#8221;1.8em&#8221; text_orientation=&#8221;center&#8221; background_layout=&#8221;dark&#8221; animation=&#8221;off&#8221;]<\/p>\n<p>To be the most efficient and innovative Independent Exploration and Production Company creating value for all stakeholders.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;Mission&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%144%%&#8221; icon_color=&#8221;#ffffff&#8221; _builder_version=&#8221;4.6.6&#8243; header_font=&#8221;Aleo||||||||&#8221; header_font_size=&#8221;24px&#8221; header_line_height=&#8221;1.8em&#8221; body_font=&#8221;Karla||||||||&#8221; body_text_color=&#8221;rgba(255,255,255,0.7)&#8221; body_font_size=&#8221;16px&#8221; body_line_height=&#8221;1.8em&#8221; text_orientation=&#8221;center&#8221; background_layout=&#8221;dark&#8221; animation=&#8221;off&#8221; border_color_all_image=&#8221;#ffffff&#8221;]<\/p>\n<p>To deliver sustainable operational excellence while growing the resource base with highly diverse and motivated staff.<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;Core Values&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%166%%&#8221; icon_color=&#8221;#ffffff&#8221; _builder_version=&#8221;4.6.6&#8243; header_font=&#8221;Aleo||||||||&#8221; header_font_size=&#8221;24px&#8221; header_line_height=&#8221;1.8em&#8221; body_font=&#8221;Karla||||||||&#8221; body_text_color=&#8221;rgba(255,255,255,0.7)&#8221; body_font_size=&#8221;16px&#8221; body_line_height=&#8221;1.8em&#8221; text_orientation=&#8221;center&#8221; background_layout=&#8221;dark&#8221; animation=&#8221;off&#8221;]<\/p>\n<p>We share a set of core values that define who we are: Safety, Professionalism, Integrity, Respect, Innovation, Teamwork, Diversity<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Services&#8221; _builder_version=&#8221;4.6.6&#8243; background_color=&#8221; rgba(150,150,150,0.13)&#8221; custom_padding=&#8221;0px|0px|0px|0px||&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.6.6&#8243; width=&#8221;100%&#8221; max_width=&#8221;100%&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;0px|0|0px|&#8221; use_custom_width=&#8221;on&#8221; width_unit=&#8221;off&#8221; custom_width_percent=&#8221;100%&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;100px||100px|8%&#8221; custom_padding_tablet=&#8221;60px|10%|60px|10%&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; padding_tablet=&#8221;60px|10%|60px|10%&#8221; padding_last_edited=&#8221;on|tablet&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.6.6&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;||||||||&#8221; header_3_font=&#8221;Karla|700||on|||||&#8221; header_3_text_color=&#8221;#b81822&#8243; header_3_font_size=&#8221;25px&#8221; header_3_letter_spacing=&#8221;1px&#8221; text_orientation=&#8221;right&#8221; background_layout=&#8221;dark&#8221; module_alignment=&#8221;right&#8221; custom_margin=&#8221;40px||20px|&#8221; locked=&#8221;off&#8221;]<\/p>\n<h3>Assets<\/h3>\n<p>[\/et_pb_text][et_pb_divider divider_weight=&#8221;2px&#8221; _builder_version=&#8221;4.6.6&#8243; max_width=&#8221;150px&#8221; module_alignment=&#8221;right&#8221; height=&#8221;2px&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|-60px||&#8221; custom_padding_tablet=&#8221;|0px||&#8221; custom_padding_last_edited=&#8221;off|desktop&#8221; locked=&#8221;off&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.6.6&#8243; text_font=&#8221;Aleo||||||||&#8221; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;Cormorant Garamond||||||||&#8221; header_2_font_size=&#8221;32px&#8221; header_2_line_height=&#8221;1.4em&#8221; header_3_font=&#8221;||||||||&#8221; text_orientation=&#8221;right&#8221; max_width=&#8221;600px&#8221; module_alignment=&#8221;right&#8221; locked=&#8221;off&#8221;]<\/p>\n<p style=\"text-align: justify;\"><span>OML 71 and 72 (with aerial extents 116 SqKm and 1130 SqKm respectively) are situated within the Eastern Offshore Structural province of the Niger Delta, Nigeria. They are 27km and 50km south of Bonny Island and at water depths of 65 ft and 131 ft respectively.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjUxNyJ9fQ==@&#8221; button_text=&#8221;read more&#8221; button_alignment=&#8221;right&#8221; _builder_version=&#8221;4.6.6&#8243; _dynamic_attributes=&#8221;button_url&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;14px&#8221; button_text_color=&#8221;#b81822&#8243; button_border_color=&#8221;#b81822&#8243; button_border_radius=&#8221;0px&#8221; button_letter_spacing=&#8221;2px&#8221; button_font=&#8221;Karla|700||on|||||&#8221; custom_padding=&#8221;10px||10px|&#8221; button_letter_spacing_hover=&#8221;2px&#8221; button_bg_color_hover=&#8221;rgba(0,0,0,0)&#8221; locked=&#8221;off&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; 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align_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;4.6.6&#8243; max_width=&#8221;600px&#8221; max_width_tablet=&#8221;&#8221; max_width_phone=&#8221;&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;|||-8%&#8221; custom_margin_tablet=&#8221;|||&#8221; custom_margin_last_edited=&#8221;off|desktop&#8221; custom_padding=&#8221;|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; animation_intensity_slide=&#8221;4%&#8221; animation_starting_opacity=&#8221;50%&#8221; box_shadow_style=&#8221;preset3&#8243; box_shadow_blur=&#8221;80px&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;3.25&#8243; max_width=&#8221;1440px&#8221; custom_margin=&#8221;|auto|1px|auto||&#8221; use_custom_width=&#8221;on&#8221; custom_width_px=&#8221;1440px&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; 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header_3_font=&#8221;Karla|700||on|||||&#8221; header_3_text_color=&#8221;#b81822&#8243; header_3_font_size=&#8221;23px&#8221; header_3_letter_spacing=&#8221;1px&#8221; module_alignment=&#8221;right&#8221; custom_margin=&#8221;40px||20px|&#8221; custom_padding=&#8221;|||&#8221;]<\/p>\n<h3>Operations<\/h3>\n<p>[\/et_pb_text][et_pb_divider divider_weight=&#8221;2px&#8221; _builder_version=&#8221;4.6.6&#8243; max_width=&#8221;150px&#8221; height=&#8221;2px&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||-80px&#8221; custom_padding_tablet=&#8221;|0px||&#8221; custom_padding_last_edited=&#8221;off|desktop&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.6.6&#8243; text_font=&#8221;Aleo||||||||&#8221; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;Cormorant Garamond||||||||&#8221; header_2_font_size=&#8221;40px&#8221; header_2_line_height=&#8221;1.4em&#8221; header_3_font=&#8221;||||||||&#8221; locked=&#8221;off&#8221;]<\/p>\n<p style=\"text-align: justify;\"><span>To maximise hydrocarbon recovery and create value to all stakeholders, WAEP intends to employ a phased approach to the development of OMLs 71 &amp; 72. The first phase will involve series of surface and subsurface operations to ensure immediate restoration of production from the existing 12 wells in Kalaekule between 2020 and 2021. 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