Renaissance Africa Energy Company Nigeria Ltd has disclosed that it has recorded gas production of 2.2 billion cubic feet (bcf).
The company’s Managing Director and Chief Executive Officer, Chief Tony Attah, made this known on Tuesday, March 31, during a courtesy visit to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) headquarters in Abuja to mark its one-year anniversary.
Attah commended the regulatory reforms introduced by the NUPRC, noting that they have contributed to the company’s recent production growth.
He further revealed that the company plans to execute between 10 and 15 Field Development Plans (FDPs) annually.
In her remarks, the Commission Chief Executive, Mrs Oritsemeyiwa Eyesan, said Nigeria has witnessed a series of divestments, adding that the emergence of Renaissance reflects the success of recent reforms in the sector.