Exploration

QuadDynamics' hydrocarbon exploration and production activities are focused on properties in Block B area of the bitumen belt in Ondo State, Nigeria. This area is reputed to hold the third largest deposits of bitumen in the world after Canada and Venezuela.

QuadDynamics has Lakel Afrik Petroleum and Jimaj Energy Services as clients on their exploration licenses. Exploration activities commenced in 2018 and has yielded very impressive results. Drill holes are currently in progress on these properties reaching depths from 35 to 100 meters during the geotechnical phases 1 & 2 of 25 holes with discovery of bitumen within a highly viscous bituminous layer.

Light oil and unquantifiable gas if drilled beyond. Exploration holes currently showing huge promise with discovery of high content hydrocarbon gas.