Elephant Oil Corp is a West African focused, oil and gas exploration and development company
headquartered in Houston, Texas.
Elephant Oil Corp acquired Elephant Oil Limited (UK) in an all-share transaction in April 2021.
Founded in 2013, Elephant Oil UK is an oil & gas exploration company focused on under-explored
areas in onshore West Africa.
Elephant Oil has a 100% working interest on over 1.1 million acres of onshore land designated as Block B.
The Republic of Benin gains independence
Trilogy Energy Corp conducts research to identify 3 onshore prospects in the Republic of Benin
Production from the Sémé offshore oil field begins (operated by Saga petroleum – one of the first oil operations in Benin)
The Republic of Benin has its first democratic election of government
More than 275 wells drilled over a 10 year period in West Africa discovered oil
Elephant Oil UK is founded and begins exploration on ‘Block B’ of Benin
Elephant Oil (USA) is founded. The company is headquartered in Houston, Texas. It was created as an SPV to acquire Elephant Oil (UK) in the run up to its NASDAQ IPO
The Republic of Benin is a former French colony (1872), which gained independence in 1960 and has elected democratic governments since 1991. The trade paths, which originate from its colonial history via the cotton trade offers great access for 21st century oil & gas exploration and drilling.
- 47km to 1st well site, 23km to 2nd well site
- 1 hour drive from airport and sea port to Allada
- Paved roads for nearly all the route
- Daily flights from major European cities
- Port is 3rd leading exporter in the region
Democracy & Stable Government
- Independent since 1960
- Elected democratic governments since 1991
BLOCK B BENIN
Neighboring countries host numerous hydrocarbon discoveries and fields – and exhibit a high drilling success rate
- Block B is a large onshore license covering approximately 1.1 million acres (1,772 sq mi/4,590 sq km)
- The government of Benin has an option to back in for 10%
- Elephant Oil is currently completing its work program which entails seismic acquisition and drilling
WORLD CLASS EXPLORATION SUCCESS
Elephant Oil's Block B is surrounded by a very prolific oil producing region
Onshore Ivory Coast & Tano:
- 34 wells drilled
- 20 discovery wells
- 58% success rate
- 11 wells drilled
- 5 discovery wells
- 46% success rate
Onshore Niger Delta:
- 1500 wells drilled
- 320 fields discovered
ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG)
Elephant Oil actively engages with the local community and partners.
Elephant Oil strives to be a good member of the community, including building schools and donating
supplies, working with the university to provide field experience in the industry, and employing locals.
Environmental Impact Assessment completed prior to work in the field.
Elephant Oil building a school in Benin.
Elephant Oil donating school supplies, material,
and equipment for a school in Cote d'Ivoire
Elephant Oil donating school supplies
to a school in Benin.
Elephant Oil Corp (USA)
Houston, TX 77002
Tel: (832) 871 5050
Elephant Oil Limited (UK)
24/25 The Shard
32 London Bridge Street
London SE1 9SG
Tel: +44 203 871 2723
Elephant Oil SA (Bénin)
L’ancienne Maison de La Radio
Lot Numero 12