Canil Energy is the Operating SPV for PPL 257 — a significant offshore oil and gas opportunity with up to 1 billion BOE in resource potential, situated adjacent to producing infrastructure in the South-Eastern Niger Delta.
The Utine Field lies within PPL 257 in the South-Eastern Niger Delta, approximately 65 km offshore. It sits adjacent to OML 104, home to the producing Yoho and Awawa fields — making it one of the most infrastructure-advantaged undeveloped assets in Nigeria.
Originally discovered by ExxonMobil in 1993, the Utine-1/1ST well encountered multiple hydrocarbon-bearing sands within the Miocene Agbada formation. Full 3D seismic from ExxonMobil's 1992 regional survey has been reprocessed and reinterpreted by our team.
We welcome dialogue with investors, financiers, IOC technical partners, and government counterparts. Whether exploring a farm-in, funding structure, technical services agreement or strategic partnership, please reach out.