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0 Reminiscences on My 40+ Years in the Oil & Gas Industry in Africa Layi Fatona (Ph.D., D.Sc.. Honoris Causa) building together 0 Managing Director, Niger Delta Exploration & Production Plc Outline 1 GENERAL INTRODUCTIONS


  1. 0 Reminiscences on My 40+ Years in the Oil & Gas Industry in Africa ‘ Layi Fatona (Ph.D., D.Sc.. Honoris Causa) building together 0 Managing Director, Niger Delta Exploration & Production Plc

  2. Outline 1 GENERAL INTRODUCTIONS ▪ Conversation, Format & Why The Geological Time Scale? ▪ Before the Beginning – A Basement Complex of Life (My Pre Cambrian Setting) ▪ The Cambrian Ordovician – Pioneer NYSC ▪ A Paleozoic Time Setting – 1 st Shell BP Working Experience ▪ The Mezozoic Equivalent – IC Post Graduate Education THE TERTIARY BUILD OUT (TRANSGRESSIVE) ▪ The 2 nd Employment @ SPDC (Paleocene) ▪ Geotrex Systems (Eocene) ▪ ND Phase 1 (Oligo-Miocene) ▪ ND Phase 2 (Piocene) ▪ Late Tertiary/Early Quaternary – ND Phase 3 (Pleistocene) THE FUTURE CENE – ND Phase 4 and Beyond ▪ Appreciations For A Professionally Fulfilling Journey…. building together 1

  3. The Topic - Restated will read …… 2 The Geology…. Without Permission of our 3 Lovely Boys ‘ Tenne, ‘Bade & ‘Tokunbo Fatona “ Extraless ” building together May 2019 2

  4. The Topic - Restated will read … . 3 The Geology, Stratigraphy….. building together 3

  5. The Topic - Restated will read … .. 4 The Geology, Stratigraphy & Sedimentology of NDEP Nigeria’s 1 st Fully Integrated Energy Company building together 4

  6. 5 – The Presentation Metaphorically will mimic Geology in its basic set and simple format The Geological Time Scale Approach. This is what I opt to adopt for Today and This Presentation building together 5

  7. The Geological Time Scale 6 The Basement Complex of Life Life (Before & Up till end of UI) (‘49 - ’73) B.Sc. Hons building together 6

  8. Removing the Doubts on LF – The Pre Cambrian (Basement Complex Life) 7 ‘LAYI FATONA (LF) BORN LAWRENCE GL 101, 201 & 301 1 ST OKUNADE JUNE Prof Kevin Burke, Dr FATONA 1949 (Mrs.) Durotoye, M.O. Oyawoye and Oma The UI ‘73 Rahaman Mafia was IN TO & Made! GL 102/3, (June 1973) GL 104 ILEWO, 202 & 302 ABEOKUTA, CHRISTIANAH Prof OGUN ABIMBOLA Makanjuola – Prof Adeleye, STATE, FATONA The Joshua NIGERIA Deseragie, Crowd Fayose The 300 Level Geology Department Shaping us for A Student of Geology @ the ‘LAYI FATONA the Professional Future University of Ibadan Has it Really Been 40+ Years? (46 and still going..) building together 7

  9. 8 The Geological Time Scale Pioneer NYSC (Incubating the Geologist) The Basement Complex of Life Life (Before & Up till end of UI) (‘49 - ’73) B.Sc. Hons building together 8

  10. Reminiscences on My 40+ Years in The Oil & Gas Industry 9 Removing the Doubts on LF (The Cambrian Age Equivalent Setting 1973 – 1974) A Geologist is ready for his life pursuits and ambition The Young Explorer & Graduate of the University of Ibadan, 1973 Pioneer Youth Corper(s) of Nigeria : July 1973 – June 1974 ✓ The North Central State Water Board Experiment ✓ Project Managing – Old Zaria Town Water Distribution Network System ✓ Zoba Dam Project – Soil Investigation Learning Statements Short Impactful Life ❖ ❖ Take and use of every opportunity that comes your way in Life building together Don’t force or change your destiny: Not the Story of today’s NYSC!!! ❖ 9

  11. Removing the Doubts on LF – Ending the Cambrian Period 10 Multiple Post NYSC Employment Offers Geological Surveys Limited 1. The Nigerian Mining Corporation 2. Rewarding Baroid Nigeria Limited 3. World of the Assistant Lecturer Research Position, Uni Ibadan 4. Earth Scientist Joining A Best in Class International Oil Corporation – July 1974 5. Shell-BP Development Company of Nigeria building together 10

  12. 11 The Geological Time Scale The 1 st Shell BP outing and working experience Pioneer NYSC (Incubating the Geologist) The Basement Complex of Life Life (Before & Up till end of UI) (‘49 - ’73) B.Sc. Hons building together 11

  13. Removing the Doubts on LF – Ending the Cambrian Period 12 My Palaeozoic (Equivalent) Era ❖ 1 st SHELL-BP Outing and Working Exposure ❖ Turning Engineers to Geologists and Vice Versa ❖ A Stunning 6 Month Training at the Shell Training Centre – WARRI ❖ You were Professionally Fully Cooked at the end of it!!! Questions & Observations ❖ Where is Today’s Nigerian Oil & Gas Training Domain?........Is it FUPRE? ❖ R&D – still missing Sadly. No Nation or Industry develops without this ❖ The Nigerian Content Management Board to the Rescue ❖ There is space to compel emerging Nigerian Independents to be the regenerating arrow head – Leading training and Human Capital Development for the Industry building together 12

  14. 13 The Geological Time Scale IC Post Graduate Education The 1 st Shell BP outing and working experience Pioneer NYSC (Incubating the Geologist) The Basement Complex of Life Life (Before & Up till end of UI) (‘49 - ’73) B.Sc. Hons building together 13

  15. 14 The Mesozonic Equivalent Era (1975 – 1980) of Further Incubation & Educational Development The Post Graduate Student Days at The Imperial College of Science, Technology & Medicine (Royal School of Mines) PETROLEUM GEOLOGY – Properties of the Republic of Cameroon (M.Sc.. DIC . ) & SEDIMENTOLOGY – Of the East Midlands Coal Field (Ph.D..) Memory Statements Academically Expressive and Explosive Intensely Focused (International Melting Pot) Proudly Nigerian “in Context” Alas! You were just as good as the next PG student. We never had any good Embassy Representation!!! building together 14 Connected with my life Partner – Toyin Fatona

  16. The Geological Time Scale 15 2 nd Employment by SPDC (1980) IC Post Graduate Education The 1 st Shell BP outing and working experience Pioneer NYSC (Incubating the Geologist) The Basement Complex of Life Life (Before & Up till end of UI) (‘49 - ’73) B.Sc. Hons building together 15

  17. Reminiscences on My 40+ Years in The Oil & Gas Industry 16 Removing the Doubts on LF: The Palaeocene (Equivalent) 2 nd Employment by and at Shell Petroleum Development Co. (SPDC) – May 1980 The Late Mentor of Many of My Times and Peers (Mr Edward Ekuyasi Iyamu) Founder & President, Geotrex Systems Limited First Nigerian Exploration Manager Shell Petroleum Development Co. Nigeria (SPDC) I as the young Exploration Geologist at my 2 nd round of Employment at Shell was discovered by the one I once described as “The Explorer’s Explorer”… Edward Ekuyasi Iyamu Memory Statements Professionally as a Career Period; Distinctively short, but Inspirational and Fulfilling in Dimension Multitasking Capabilities My Western Study Team Position with Dr Ebi Omatsola - The Professional Slave Driver “Work & Expect No Reward” building together 16 I AM FOREVER GRATEFUL OF THIS MENTORSHIP

  18. 17 The Geological Time Scale Geotrex Systems Ltd 2 nd Employment by SPDC (1980) IC Post Graduate Education The 1 st Shell BP outing and working experience Pioneer NYSC (Incubating the Geologist) The Basement Complex of Life Life (Before & Up till end of UI) (‘49 - ’73) B.Sc. Hons building together 17

  19. Reminiscences on My 40+ Years in The Oil & Gas Industry 18 Removing the Doubts on LF: The Eocene (Early Tertiary Time Equivalent) Taking a Leap of Faith (1986) Resigned from SPDC to join the foremost Exploration & Production consulting Company in Nigeria – Geotrex Systems Limited This is what I have severally described as the “Gbagada Connection”. The Entrepreneurial Instincts were playing out….. Joined as Consulting Geologist – 1986 Appointed Senior Vice President – 1988 Appointed President, Geotrex Systems - 1990 Observation Statements and Questions What led a young professional quitting an assured Professional life at Shell ❖ Ignorance (of the consequences of failure) was BLISS!!! ❖ building together 18 Follow your Hunch in Life ❖

  20. Reminiscences on My 40+ Years in The Oil & Gas Industry 19 The Early Tertiary Transgressive Time Equivalent Period Comes Fully Alive (1988 & Beyond) The Marginal Oil ◼ The January 1988 & Beyond Memo Field Conceptual Was this an Oligo-Miocene Thinking time type Transgressive Event? ◼ The NAPE Presentation of April 1989 building together 19

  21. The Geological Time Scale 20 ND Phase I Geotrex Systems Ltd 2 nd Employment by SPDC (1980) IC Post Graduate Education The 1 st Shell BP outing and working experience Pioneer NYSC (Incubating the Geologist) The Basement Complex of Life Life (Before & Up till end of UI) (‘49 - ’73) B.Sc. Hons building together 20

  22. Reminiscences on My 40+ Years in The Oil & Gas Industry 21 The Eocene Time Continued The Birth of an Idea (1991) ◼ THE GBAGADA CONNECTION AN AN E&P SETUP ARET (GEOTREX ADAMS SYSTEMS) A FINANCIAL INSTITUTION (MIDAS BANK) THE NIGER DELTA EXPLORATION & PRODUCTION PLC. building together 21

  23. Reminiscences on My 40+ Years in The Oil & Gas Industry 22 The Eocene Time Equivalent The Pioneering Founding Team at NDEP Uwaifo Jones Ltd ✓ John Jones “The Marketer” Aret’s Conclave Geotrex Systems Ltd Midas Drilling Fund Multinational Expertise Ltd Exploration & Production Finance Management ✓ David Richards ✓ Chief Aret Adams (Late) ✓ Eddy Iyamu (Late) Late Chief Aret Adams ✓ Dr. Imo Itsueli ✓ Sammy Olagbaju (Late) ✓ Dr. Imo Itsueli ✓ Alex Okoli (Late) ✓ Dr. Layi Fatona building together 22

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