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Our Guest Speaker is Dr. Layi Fatona, Chief Executive/Managing Director, Niger Delta Exploration & Production PLC. He would be speaking on the topic: Indigenous Champion: From Marginal Field to Nigeria’s First Fully Integrated Oil & Gas Developed Asset.
Dr. Layi Fatona, Ph.D., M.Sc. DIC FNAPE serves as Managing Director of Niger Delta Exploration & Production Plc, Niger Delta Petroleum Resources Ltd and the President of GeotrexSystems Limited.
He has over thirty-five years of practice, commencing with a seven year stint in the Petroleum Engineering and Exploration & Production Departments at The Shell Petroleum Development Company of Nigeria Ltd (SPDC).
He serves as the Chairman of Geotrex Systems Limited and Skye Financial Services Limited. He served as the Chairman of the Board at Grand Treasurers Ltd until June 23, 2014. He served as a Director of Consolidated Hallmark Insurance Plc until June 23, 2014. He is the 2010 recipient of the prestigious Aret Adams Award, of the Nigerian Association of Petroleum Explorationalists (NAPE) and is also a leading authority on the geology of the Niger Delta Oil and Gas Province. He is widely consulted by Nigerian and foreign oil companies, and was President and Fellow of the Nigerian Association of Petroleum Explorationists. Dr. Fatona is a certified Petroleum Geologist of the American Association of Petroleum Geologists (AAPG).
Dr. Layi obtained both the Master of Science and Doctorate degrees from the Royal School of Mines at the Imperial College of Science Technology and Medicine, University of London in 1976 and 1980 respectively.
Hear the story of NDEP – the first company in Nigeria to successfully implement a Farm-Out Agreement for a Marginal Field, explained in the room.