{"id":12715,"date":"2023-12-24T15:13:37","date_gmt":"2023-12-24T15:13:37","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=12715"},"modified":"2023-12-24T15:13:37","modified_gmt":"2023-12-24T15:13:37","slug":"nigerian-independent-oranto-petroleum-receives-two-year-extension-for-ugandan-exploration-licenses","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2023\/12\/24\/nigerian-independent-oranto-petroleum-receives-two-year-extension-for-ugandan-exploration-licenses\/","title":{"rendered":"Nigerian Independent Oranto Petroleum Receives Two-Year Extension for Ugandan Exploration Licenses"},"content":{"rendered":"<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-zcxnv-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-zcxnv-1n7m0yu\">\n<div class=\"flex flex-col pb-9 text-sm\">\n<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-133\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\">\n<div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"96fc880c-8e0a-418e-8198-182c1b00b694\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>&nbsp;<\/p>\n<p>Nigerian independent energy company, Oranto Petroleum, founded by Prince Arthur Eze, has been granted a two-year extension to its Ngassa Deep and Ngassa Shallow exploration licenses in Uganda. The extension, signed on December 22, 2023, enables Oranto to conduct exploration and appraisal activities, including drilling an exploration well and, contingent on success, an appraisal well.<\/p>\n<p>Oranto Petroleum had initially received petroleum exploration licenses for the Ngassa Deep and Ngassa Shallow contract areas in 2017 from the Ministry of Energy and Mineral Development in Uganda. The recent extension demonstrates Oranto&#8217;s commitment to maximizing the additional time granted and ensuring a successful outcome.<\/p>\n<p>Prince Arthur Eze, Chairman of Oranto Petroleum, expressed gratitude to the Ugandan government, President Yoweri Museveni, the Ministry, and the people of Uganda. He emphasized the significance of the extension in contributing to the increase of Uganda&#8217;s oil volumes. Eze assured the Ministry that Oranto would fulfill the work program within the designated period.<\/p>\n<p>The Ngassa Block, situated in the Hoima District and spanning the Albertine Graben, is the focus of Oranto&#8217;s exploration efforts. As one of Africa&#8217;s largest privately-held exploration and production groups by acreage, Oranto Petroleum and its sister company, Atlas Petroleum, play a significant role in the continent&#8217;s energy landscape.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mt-1 flex justify-start gap-3 empty:hidden\">\n<div class=\"text-gray-400 flex self-end lg:self-center justify-center lg:justify-start mt-0 gap-1 visible\">\n<p>&nbsp;<\/p>\n<div class=\"flex gap-1\"><\/div>\n<div class=\"flex items-center gap-1.5 text-xs\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"w-full pt-2 md:pt-0 dark:border-white\/20 md:border-transparent md:dark:border-transparent md:w-[calc(100%-.5rem)]\">\n<div class=\"relative flex h-full flex-1 items-stretch md:flex-col\">\n<div class=\"flex w-full items-center\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Nigerian independent energy company, Oranto Petroleum, founded by Prince Arthur Eze, has been granted a two-year extension to its Ngassa Deep and Ngassa Shallow exploration licenses in Uganda. The extension, signed on December 22, 2023, enables Oranto to conduct exploration and appraisal activities, including drilling an exploration well and, contingent on success, an appraisal [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":12716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180],"tags":[],"class_list":["post-12715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/12715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=12715"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/12715\/revisions"}],"predecessor-version":[{"id":12726,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/12715\/revisions\/12726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/12716"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=12715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=12715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=12715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}