Newcrossep

Newcross Exploration and Production Limited (NewCrossEP) is an independent domestic oil and gas exploration and production company based in Nigeria. NewcrossEP was established in 2013 and emerged as the successful bidder of OML 24, acquiring a 45% participating interest in the block hitherto managed under the NNPC/SPDC Joint Venture arrangement. Newcross Exploration and Production Limited is the operator of the NNPC/NewcrossEP Joint Venture. The OML 24 asset covers an area of 162 square kilometres and includes Awoba, Awoba North West and Ekulama Fields. OML 24 is located onshore, about 40 kilometers southwest of Port Harcourt in the prolific oil and gas Niger Delta.