Amni International Petroleum Development Company Home

Amni was incorporated in 1993. The company was granted Oil Prospecting Licences (OPL) 469 and 237 in 1993 & 1994 respectively for a term of five (5) years by Nigeria’s Ministry of Petroleum and Mineral Resources.

Exploration and drilling activities commenced in early 1995. The company initially had as its technical partner Liberty Technical Services, a subsidiary company of Abacan Resource Corporation of Canada. Production commenced in earnest in December 1996. During the first year, a total of 6,271,723 barrels of oil was produced and 6,181,790 barrels was exported. As a result of the successful implementation of its work programme, OPL 469 was converted to Oil Mining Lease (OML) 112 for a term of 25 years in 1998, while OPL 237 was converted to OML 117 in 1999.

An initiative to bring more accountability to operations in mid 1998 resulted in the dissolution of the partnership between Amni & Abacan. Amni assumed sole operatorship of the concession. During this period the company faced enormous challenges, mostly financial.

These vicissitudes strengthened the company giving it the experience advantage. Amni has lived up to the Latin phraseology fortitudine vincimus - “by endurance we conquered”. The company has shown that an indigenous oil and gas E&P company can survive in the Nigerian Oil and Gas Industry.

Today Amni has set new standards for itself and is determined more than ever to exceed them.

Amni entered into Agreements with TOTAL through its subsidiary TOTAL E&P Nigeria Limited (formerly Elf Petroleum Nigeria Limited) in 2005, under which TOTAL acquired a 40% interest in OMLs 112 and 117. TOTAL relinquished its rights to the crude oil from the current developed reservoirs in Ima Field effective from April 2007.

TOTAL subsequently relinquished both its right to participate in and any future right of re-entry into the development of Okoro/ Setu Fields, allowing Amni , in March 2006, to enter into Agreements with Afren Energy Resources, a wholly owned subsidiary of Afren Plc, for the Okoro/Setu (exclusive area) fields development.