Who We Are
Elcrest is an Exploration and Production Company focused on the Production and Development of Oil and Gas in West Africa, particularly in the Niger Delta region of Nigeria. It is a JV between Eland Oil and Gas Limited (owned by SEPLAT ENERGY PLC) (45%) and Starcrest Nigeria Energy Limited (55%).
Elcrest acquired a 45% interest in OML 40 in the September 2012 divestment by the IOC’s the only license it currently holds equity in. Elcrest alongside its joint venture partner, NPDC took the OML 40 production from zero at the time of acquisition, to an all-time production high of ~ 28,000 b/d within seven years.
What We Do
The Elcrest team has extensive industry experience in the finding, development, and exploration of hydrocarbons with a particular focus on developments within Nigeria and other locations in West Africa.
We are focused on Oil Exploration, Oil Production and Pipeline Building, particularly across the oil rich Niger-Delta region of Nigeria.