PEAK is an independent petroleum company incorporated in February 1992. PEAK’s core focus is the acquisition, exploration, exploitation and development of oil and natural gas within the Gulf of Guinea. The company is the holder and 100%...

OML 122 is located within the Gulf of Guinea, located 25-60 km offshore Nigeria and covers an area of 1,295 sq.km and lies east of Shell's giant Bonga Field and south west of Shell’s EA Fields on OML 79. OML 122 is fully covered by 3-D Seismic.

By using 3D Seismic and existing Well Data PEAK commenced new appraisal and development drilling in the Bilabri field. PEAK’s Bilabri DX1 well found vastly better than expected pay thickness in the C2 Reservoir. Additional exploration potential also...