ABOUT US

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.

BENIN HISTORY

  • 1960

    The Republic of Benin gains independence

  • 1980s

    Trilogy Energy Corp conducts research to identify 3 onshore prospects in the Republic of Benin

  • 1986

    Production from the Sémé offshore oil field begins (operated by Saga petroleum – one of the first oil operations in Benin)

  • 1991

    The Republic of Benin has its first democratic election of government

  • 2011

    More than 275 wells drilled over a 10 year period in West Africa discovered oil

  • 2013

    Elephant Oil UK is founded and begins exploration on ‘Block B’ of Benin

  • 2021

    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

BENIN OPPORTUNITY

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.

Great Accessibility

  • 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

Onshore Dahomey:

  • 11 wells drilled
  • 5 discovery wells
  • 46% success rate

Onshore Niger Delta:

  • 1500 wells drilled
  • 320 fields discovered

Leadership Team

DR STEPHEN STALEY Non-Executive Chairman
MATTHEW LOFGRAN Chief Executive Officer and Director
LANRE OLONINIYI Chief Financial Officer

TECHNICAL TEAM

IAN BULLEY Lead Geologist
MATT TYRRELL Exploration Geologist
SIMON LUCAS Drilling and Operations
Engineer
CHRIS “KOFI” AMENYINYOR Local Rep (Benin/Togo/Ghana)
WIL KOHOU Local Rep (Côte d’Ivoire)

BOARD OF DIRECTORS

DAVID BLANCHARD Director
PETER ELLIOTT Director
RON BAUER Director
ADRIAN BEESTON Director

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.

CONTACT US




    HOUSTON HQ

    Elephant Oil Corp (USA)
    Pennzoil Place
    700 Milam
    Suite 1300
    Houston, TX 77002
    Tel: (832) 871 5050

    LONDON OPERATIONS

    Elephant Oil Limited (UK)
    24/25 The Shard
    32 London Bridge Street
    London SE1 9SG
    United Kingdom
    Tel: +44 203 871 2723

    BENIN OPERATIONS

    Elephant Oil SA (Bénin)
    L’ancienne Maison de La Radio
    Lot Numero 12
    Cotonou
    BENIN

    ELEPHANT OIL CORP. 2021 ALL RIGHTS RESERVED.

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