Ingentia Energies Sees 150% Output Surge, Targets Drilling Expansion

Ingentia Energies Limited has seen a significant boost in oil production under the leadership of outgoing CEO Engr Charles Odita, who increased output by 150% to 2,200 barrels per day. The company's new Managing Director/Chief Executive Officer, Engr Victor Agbaroji, has pledged to build on this foundation and expand drilling operations.

In a statement, Chairman Chief Oseni Elamah commended Odita's 'transformational leadership' and thanked him for his tenure. Agbaroji identified key priorities as enhancing drilling operations, maximising existing asset value, improving cost competitiveness, expanding the company portfolio, and unlocking gas resources.

He stated that the company would leverage a current seismic acquisition programme to execute a more efficient drilling campaign, improve exploration outcomes, and operational performance. Agbaroji also highlighted the importance of crude oil evacuation infrastructure for future production growth, pledging to advance its pipeline evacuation project.