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While respecting the cultural diversity of our business environs, preserving the cultural heritage of our hosts is an integral part of our corporate strategy.
   

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Newcross Petroleum Limited (NPL), a metamorphosis of Newcross Investments Limited, is a young and dynamic Nigerian Indigenous Oil & Gas Company.

 

The Company is primarily focused in the upstream industry, harnessing exploration and production opportunities in the African continent with current emphasis on the Niger Delta Petroleum Province and the West African sub-region.

 

Our management team and advisers have extensive local and international experience in energy management, legal affairs and Nigerian business terrain.

 

As a result, we have a good understanding of the Niger Delta environment, people, culture and political climate. In addition, extensive efforts are placed on research and on understanding the dynamic business climate and political environment of the African continent.

 
 
26-10-2013
Efe-1ST will be temporarily suspended while the company moves ahead to drill Efe-B. The well is located in Oil Prospecting Lease (OPL) 283, formerly known as Oil Mining Lease (OML) 56. Newcross operates the lease with 60% participating interest. Efe-1ST was successfully drilled to a total depth of 14,086ft, or 4293 metres Measured Depth MD (12,720ft (3877metres) TVD). “The EFE-1ST tested a four-way dip closure at the shallow levels gradually becoming fault-dependent hanging wall closures at intermediate to deeper levels”, Otobo explains in the release.

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