News

FOL gets approval for Environmental Impact Assessment (EIA)

Lagos,June 2008

Frontier Oil announced the receipt of the approval of its Environmental Impact Assessment (EIA) by the Department of Petroleum Resources (DPR), which is an arm of the Ministry of Petroleum Resources. The EIA was subsequently approved by the Federal Ministry of Environment. EIA is an instrument whic...

FOL Spuds Uquo Appraisal and Development Well

Eket,April 2008

FOL announced the spud-in of the first of two back-to-back appraisal and development wells in the Uquo field, within the Eastern Niger Delta, onshore Nigeria. Wells 5 (Uquo-5 well) is to be drilled as a parallel hole to the original Well 1 drilled by Shell in 1958 to probe for the sands which were ...

FOL strengthens its community relations

Eket,March 2007

Frontier Oil Limited has commenced a community development programme within the Eket and the Esit Eket local government areas in Akwa Ibom State. The company in its bid to expand community engagement has partnered with Pro-Natura International (Nigeria) [“PNI”], a no...

FOL begins Uquo field development

Eket,December 2006

With an aim at a better understanding of the Uquo Field license area geology towards a further de-risking of the field development plan mapped out for the Uquo Field, FOL acquired, processed and interpreted 233 sq. km of 3-D seismic data covering the entire license area. The seismic data helped iden...

FOL enters Joint Venture (JV) arrangement with GOGE

Lagos, March, 2006

Frontier Oil Limited has entered into a joint venture partnership with Gulf of Guinea Energy (GOGE) for the development of the Uquo Field. GOGE is an independent BVI registered oil and gas company and has a wholly owned subsidiary registered in Nigeria as Gulf of Guinea Nigeria Limited. As part of ...

FOL executes farm-out agreement with SPDC

Lagos,April 2004

The Shell Petroleum Development Company (SPDC) handed over twelve marginal fields to indigenous companies including Frontier Oil Limited (FOL) as part of the legal process required to effect the completion of Nigeria’s first Marginal Field Licensing program. Managing Director of S...

FOL wins the Uquo Marginal Field

Lagos, February 2003

Frontier Oil Limited, an indigenous oil and gas company incorporated in 2001, was one of the 31 companies awarded licenses as part of the 1st Marginal Field Licensing program conducted on behalf of the Federal Government of Nigeria by the Department of Petroleum Resources (the “DP...

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