Petroleum
Development Company Limited

AMNI International Petroleum Development Company Limited (AMNI)
was incorporated on the 23rd of June, 1993 as an oil and gas exploration
and production company, The company operates two concessions in
the Offshore Niger Delta - OPL 469 and OPL 237 which were acquired
in 1993 and 1994 respectively. These two concessions are in Joint
Venture Partnership with Liberty Technical Services Limited, which
is a wholly owned subsidiary of Abacan Resources Corporation of
Calgary, Canada. Plans to drill on 8th well are already underway.
AMNI commenced production in December 1996 and produces an average
of 20,000 b/d.
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