Exploration and Production

We incorporated Matrix Energy Exploration and Production Company Limited as an entity to handle our diversification into the upstream sub-sector of the economy. Matrix along with other players were awarded Atamba, Apani and Igbomotoru fields in the 2020 DPR Marginal Field Bid Round. 

Atamba Field (PPL 211/OML 42)

Apani Field (PPL 225/OML 42)

Igbomotoru Field (PPL 207/OML 33)

Now, with our team of highly skilled industry professionals with vast years of exploration, development, and production experience; we have commenced work on the 3 awarded marginal fields. We are also evaluating some other available upstream asset opportunities and intend to participate actively in future bid rounds. Our plan is to replicate the achievements recorded in our Downstream business in the E & P business.