The Ogedeh Field of OML 90 was originally discovered by Chevron in 1993. It is a shallow water offshore field covering approximately 40 km2
Chevron only drilled two wells, and found oil and gas in 7 of the sands of the Agbada formation.
Ogedeh was one of the 24 fields awarded in the Nigerian Government's auction of 2003.
James Bay believes reentry into one of the old wells is possible, and the field can be developed in the near term in a cost effective manner.
The company published a National Instrument 51-101 compliant assessment of the Ogedeh Field by Sproule International in January 2013.Link to Report
The company continues to evaluate a number of opportunities that offer near-term production potential.