History

Mabon was formed

Mabon/TGSI entered long term agreement with government to shoot non-exclusive data over the complete Nigerian offshore area starting with a 25,000 km seismic and grav/mag program

The first PSC agreement in Nigeria Deepwater started, with the allocation of over 6,000km2 acreage

First commercial oil discovery (Bonga Field), obtained through original Mabon Limited seismic data

Infill surveys recorded with same shooting parameters

Deeper water survey shot with extended cable and record length

Other major world class discoveries followed: NNWA, AKPO, IKIJA, DORO Fields

Boniface Madubunyi, Chairman & CEO of Mabon Limited is awarded the prestigious National Award of Member of the Order of Federal Republic (MFR) by the President of Nigeria, Major General (rtd) Obasanjo for his contributions to the country’s energy sector

Boniface Madubunyi, Chairman & CEO of Mabon Limited Appointed Member of the Presidential Advisory Committees (PAC)

Ultra-deep water survey shot with 8,000m cable and 12 sec records

Other world Class discoveries: BONGASW, and BOLIA Fields

PSC areas have gradually grown to well over 50,000.00 square km

Another major commercial discovery NSIKO Field announced

NigeriaSpan1 survey shot with ION/GXT 10,000m cable, 18 sec records

Obtained exclusive rights to develop the deep offshore Block 2011

NigeriaSpan2 infill survey shot with similar parameters to connect Sao Tome, Cameroon, and other West African Countries