Bayelsa State in Oil Discovery Breakthrough

AllAfrica |

THE Bayelsa State Government said it had discovered oil in one of the wells it acquired in recent years.

Governor Seriake Dickson disclosed the discovery during an event at Government House, Yenagoa.

According to the governor, the breakthrough came after some money had been spent in the past to no avail.

He commended the management of the Bayelsa Oil Company for their diligence and commitment and stressed that, with the breakthrough, Bayelsa and the Ijaw nation would be greatly transformed.

The governor restated government's commitment to the airport project, affirming that, the state airport, near Amassoma would become operational next year.



He attributed the modest achievements of his administration to divine intervention and expressed gratitude to the people of the state for their continued support and belief in the government.

"The source of the development of the state is from God, as the fundamental changes in the state have confounded all the enemies of the state."

He described his administration as a revolutionary one that has come to change the landscape of the state forever.

"God is the one leading this state, because the love and power of God upon the state have brought peace and security. I appreciate all the prayers for the government and people of the state since the inception of this administration. We have handed over the state to God and the result is glaring for everyone to see," Dickson said.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
RCEYF Ranger Canyon Energy Inc 0.00 0.00 0.00 0

Comments

Emerging Growth

THC Therapeutics Inc

THC Therapeutics Inc is a health and healing company in the cannabis industry. The Company is engaged in developing dHydronator which is used to reduce moisture and effectively dry out…

Private Markets

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…

CF0005, LLC dba Mesa-Marshall #1-2

MESA Resources, Inc. ("MESA") is sponsoring the development of the oil & gas well completion project "Mesa-Marshall #1-2". MESA, founded in 1992, is engaged in the acquisition, exploration and development…