Governance

Our Vision:

To be a world-class Exploration & Production Company with an African focus and significant achievements; all in complete adherence to the highest Health, Safety, Environmental and Quality standards applicable

To be a production company that has profitably developed moderate sized assets around Africa because of our world class processes and our focus on costs and execution

Our Mission:

To successfully acquire and profitably develop moderate sized oil and gas assets through prudent valuations, capital stewardship, cost controls, disciplined execution, safety focus, operational excellence, environmental stewardship, and good relations with host communities.

values

Our approach to business in ADNL is guided by the core values outlined below:

•Health and Safety:  We conduct our business with high regard for the health and safety of our employees, contractors and neighboring communities.

•Environmental Stewardship: We are committed to minimizing environmental impacts by reducing wastes, emissions and other releases.

•Honesty and Integrity: We uphold high standards of business ethics and integrity; enforce strict  principles of corporate governance and support transparency in all our operations.

•Corporate Citizenship: We live by our principles of corporate social responsibility and make a difference through our philanthropic, social development and volunteer programs.

•High Performance: We create sustainable value through a high performance team culture and provide a collaborative, supportive work environment where employees are encouraged to reach their full professional potential

•Employees: Provide the opportunity to learn, grow and enjoy the value created by their effort.

•Customers: Provide leading edge solutions, act with urgency/integrity and most of all develop long-term relationships by delivering memorable results.

•Investors: Create value by achieving returns that meet or exceed their expectations

Our Strategic Business Goals:

•Base Assets to Maximize Reliability and Income

Equity acquisition of reasonably sized and stable base assets will be the foundation of ADNL’s current production. We believe this will generate substantial earnings and operating cash flow required for investing in the Company’s growth portfolio. The Company emphasizes high operational availability, disciplined investment and a competitive cost structure to maximize recovery and income from its base assets.

•Growth Assets Exceeding Production Growth Expectations

Growth assets will be where ADNL will be expected to make significant investments to increase oil and gas production and reserves. The Company is focused on Nigeria and Africa liquid and gas hydrocarbon growth by developing rich Marginal Fields and acquisition of larger conventional assets.

•Exploration Increasing Opportunities for Value Creation

ADNL will also be looking at investing selectively in exploration programs that offer significant value potential in the near future especially in new areas like South Sudan, Ghana, Kenya, Uganda, etc. Other areas of exploration will include Ethiopia, Gabon and Chad.

•Investment in Technology for Growth Expectation

We will utilize technology to improve performance of our business components by a rapid implementation of currently available or newly developed technology.

ADNL will focus on delivering integrated solutions that describe our reservoirs in detail, from broad basing settings to localized variations in individual formations. We emphasize solutions that integrate state-of-the-art technologies in areas ranging from seismic imaging, geologic modeling, petrophysics, reservoir management and production engineering.

Integrated solutions are especially important to formulate development plans for today’s ever-more challenging reservoirs 

Our Team

Rotimi Bright, Founder/ chief executive officer

▪Seasoned petroleum engineer with extensive technical and managerial experience 

▪Over 30 years of experience in petroleum & reservoir engineering, M&A, evaluation, appraisal, development & management 

▪Extensive contacts in local & international oil and gas communities. Prominent member of Nigerian Petroleum Engineering community

▪BSc (Hons) Petroleum Eng, Univ. of Ibadan, Nigeria 

Olawale Ogundana, Chief Operating Officer

▪Over 25 years of experience in Oil and gas field Management, business planning, budgeting, and alternative funding

▪Extensive Field Development, Capital Planning, Alternative Funding & Reserves Evaluation, and Gas Development both NAG & Gas Cap gas and JV Planning (Chevron, Nigeria)

▪BSc (Hons) & MSc Chem Eng, Univ of Lagos, Nigeria, MS Petr Eng Stanford University, CA, USA, MBA Lagos Business School, Lagos, Nigeria

ROTIMI ASHLEY-DEJO, CHIEF Technical OFFICER

▪Over 25 years of experience in drilling and completions operations, drilling engineering, drilling technology, strategic business planning and management and process plant management

▪Extensive Well Engineering experience in onshore, offshore and Deepwater terrain, Refinery business manager tasked with responsibility to identify and realize cost savings from a newly built refinery in California, USA, Gas-To-Liquids Plant Turnaround Manager, in local (Chevron Nigeria) plant

▪BSc (Hons) Mechanical Eng, Univ. of Lagos, Nigeria 

Tokunbo Adereti, Manager Subsurface

▪Seasoned senior-level geoscientist. He was a senior exploration geologist at ExxonMobil, where he interpreted & integrated diverse datasets to generate exploration prospect, new play concepts, production drillwell packaging, new opportunity identification and screening for opportunity pursuit and capture as well as regional to prospect level opportunity generation in both frontier and mature petroleum provinces area of deep-water, shallow marine deltaic settings and pre-salt basins of West Africa.

▪Over 28 years of experience in geoscience

▪Prominent member of the Nigerian Association of Petroleum Explorationist (NAPE)