Nigeria ExxonMobil has three affiliates operating in Nigeria: Mobil Producing Nigeria Unlimited (MPN) – Upstream; Esso Exploration and Production Nigeria Ltd. (EEPNL) – Upstream; and Mobil Oil Nigeria (MON) – Downstream. Our affiliates are involved in the exploration and production of crude oil and natural gas; the manufacture of petroleum products; and the transportation and sale of crude oil, natural gas, and petroleum products. ExxonMobil is also a major manufacturer and marketer of commodity and specialty petrochemicals and also has interest in electric power generation facilities. In addition, we conduct extensive research programs in support of these businesses. ExxonMobil upstream affiliates in Nigeria operate several joint venture concessions and deepwater production sharing contracts, which currently focus on major secondary oil recovery projects; natural gas liquids and gas monetization and significant investment in national content development. Mobil Producing Nigeria Mobil Producing Nigeria is one of the largest oil producers in Nigeria. The company commenced operations in Nigeria in 1955 under the name Mobil Exploration Nigeria Incorporated (MENI). MPN operates a Joint Venture with the Federal Government of Nigeria, through the Nigerian National Petroleum Corporation (NNPC). The Federal Government has a 60 percent share, with the remaining 40 percent being MPN. Since 1961, when the company was granted Oil Prospecting License (OPL) offshore present Akwa Ibom State, MPN has made visible contributions to the development of Nigeria's oil and gas industry. The company and its joint venture partner, NNPC, operate over 90 offshore platforms comprising of about 300 producing wells at a capacity of over 550 thousand barrels a day of crude, condensate and natural gas liquids (NGL). A series of projects by the joint venture are targeted to increase the current average production level to above one million barrel per day. The East Area Additional Oil Recovery project represents a major investment in a mature operation to extend field life, increase oil recovery and eliminate non-routine gas flaring by injecting produced gas. The East Area project’s 18,000-tonne EAP Gas Compression Facilities platform was set in place at the end of 2005, and set a world record when it was installed in open water using Float-Over Technology. The Natural Gas Liquids (NLG II) project, which has capacity to contribute 45 KBD of natural gas liquids to our total production, is an expansion of the NNPC/MPN Joint Venture’s successful Oso-NGL project, and involved the engineering, procurement, construction, start-up and commissioning of an offshore NGL extraction platform, undersea pipeline infrastructure and expansion of the JV’s existing onshore fractionation and storage facilities at Bonny River Terminal. Together with the NNPC, MPN maintains a very active community relations programme. It has made substantial contributions in the areas of health, education, sports, water supply, electricity and roads, especially around its operational bases in Akwa Ibom and Rivers States. Presently, the NNPC/MPN joint venture is focusing on sustainable development projects aimed at promoting economic independence for communities in our areas of operations. Through partnerships with reputable NGOs and other organisations, the JV is involved in capacity building, micro financing of small and medium enterprises, healthcare and agriculture. The NNPC/MPN Joint Venture awards 500 scholarships to undergraduate students in Nigerian Universities. Esso Exploration and Production Nigeria Limited Esso Exploration and Production Nigeria Limited (EEPNL) was established in 1993 as an affiliate of Exxon Corporation. The Company was awarded a Production Sharing Contract by the Nigerian National Petroleum Corporation (NNPC), for Oil Prospecting Lease (OPL) 209 (now OML 133) that same year. EEPNL is operator of the deepwater oil and gas development named Erha. The field streamed first oil in the first half of 2006. In December 1999, EEPNL, announced confirmation of the Erha major deepwater oil and gas discovery on OPL Block 209 in 1000 meters water depth. The confirmation well was drilled to a depth of 3,745 meters and flow tested as an oil-bearing reservoir at a test rate of 2,800 barrels per day. In 2000, EEPNL completed development planning for the Erha field development located about 100 kilometers off the coast of Nigeria. The Erha main development has capacity to produce an annual average of 150,000 barrels of oil and process 315 MMSCF of natural gas per day. OML 133 deepwater block is expected to recover about 500 million barrels of oil. EEPNL has a 56 percent participating interest in the OML 133 contract area, while co-venturer SNEPCO holds the remaining 44 percent share. In addition to OML 133, another ExxonMobil affiliate owns 20 percent interest in the Bonga development on OML 118 located in greater than 1200 meters water depth. Bonga was discovered in 1996. The initial project is expected to recover 560 million barrels of oil and commenced production of about 200,000 barrels per day from subsea manifolds tied to a FPSO in 2004. The same OML also contains the recently discovered Bonga SW accumulation, which from early interpretations appears to have significant production potential. EEPNL actively supports community development projects across Nigeria, promotion of Nigerian content, transfer of technology through workshops and technical training of company staff, Nigerian National Petroleum Corporation (NNPC) and Department of Petroleum Resources (DPR) Staff. In line with its plan to train and develop qualified Nigerians to fill positions within and outside its organization, EEPNL offers annual international and national post-graduate scholarship awards to deserving students. In addition, EEPNL has sponsored the University Partnering Programme, a project that aims to assist in developing and enhancing the quality of Geosciences education in Nigerian universities. At the end of the final phase, NNPC, EEPNL and its co-venturer, SNEPCO invested N300 million in the programme. EEPNL makes substantial contributions to the construction and renovation of schools and health centres in Nigeria. Mobil Oil Nigeria The story of Mobil Oil Nigeria plc (MON) dates back to 1907 when Socony Vacuum Oil Company began marketing operations in Nigeria, through the sale of sunflower kerosene. In 1978, the company became a publicly quoted company and assumed its current name and status. MON posts superior returns to its shareholders and continues to lead the oil industry in efficiency and brand image. MON is one of the six major petroleum products marketers in the country. It currently has over 200 retail outlets located in all 36 states of Nigeria; these include many state-of-the-art outlets. MON is respected in the industry for its ethics and adherence to safety, health and environmental standards. It also plays a leading role in the promotion and sharing of best practices in the downstream sector of Nigeria's oil and gas industry. MON plc owns three plants located in Apapa, Lagos State, that manufacture lubes, petroleum jelly, and insecticide. Its ultra-modern lube oil plant, with a capacity of 450,000 barrels per annum is regarded as one of the most sophisticated in Africa. Exxon Mobil Corporation has numerous affiliates, with many names that include ExxonMobil, Exxon, Mobil, Esso and XTO. For convenience and simplicity those terms and terms such as Corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups.