OML 40


OML 40 license lies within the Niger Delta approximately 75 km northwest of Warri. The lease covers an area of 498 km2 covered by mangrove swamps, tropical forest, and numerous creeks
OML 40 was transferred to NPDC (55%, Operator) and Elcrest (Elcrest) (45%) JV in September 2012 and recommenced oil production from the Opuama field in February 2014


The license contains the Opuama field (producing) , Gbetiokun field (producing) and 4 other discoveries plus numerous prospects and leads