Corporate and Ownership Structure

All Grace Energy Limited is a company limited by shares with a strong Nigerian profile. Incorporated in 2006, All Grace Energy Limited is an indigenous company that enjoys acceptability by the host community. It is a company that is endowed with seasoned leadership with significant expertise in all aspects of the Petroleum/Energy sectors. With over 50 direct employees in different aspects of the field development, Operations, Facilities, Subsurface Characterization, Reservoir Engineering, Power generation & distribution, Oil Field Development, legal advisory and Management

The Ubima Field

The Ubima Marginal Field lies onshore in Rivers State in the northern part of OML 17.The field is Located 14 km north of the Port Harcourt airport in Rivers State with excellent road access. It is 64.57 square kilometres in area and was carved out of the SPDC JV operated OML 17. The Ubima Field was farmed out to All Grace Energy Limited from SPDC as part of a pilot program to implement Small Scale Gas Utilization Projects (SSGUP). Discovery well Ubima-01 was drilled in 1963 followed by appraisal wells Ubima-02 (1963), Ubima-03 (1965) and Ubima-04 (1981). There is a comprehensive sub surface data package, including 3D seismic (1997) and data from the four wells. All Grace Energy Limited is dedicated to:

• Developing indigenous skills across the oil and gas value chain throughout the development of the Ubima field and have in place all system documentation.
• Providing sustainable employment opportunities to Nigerians and enhancing the multiplier effect on the host community by maximizing the participation of local companies and Nigerians.