Michael Prest
Lives - Abuja, Lagos, London, Monaco
Sports - Running, Skiing
Education - University of Ife, LLB, Nigerian Law Schoo, LL.M
Petrodel Resources Limited
Company description - established over 15 years ago and is engaged in businesses in over 20 African oil exploration and trading companies.
Company services - operations spans from exploration of oil and gas resources to trading in crude, processing, supply, storage and whole sale distribution of refined products, and shipping services
Geographical reach - exploration operations in Nigeria, Tanzania and Uganda, and trading businesses in Nigeria, Mauritania, Cote D'Ivoire, Ghana, Zambia and Democratic Republic of Congo and South Africa. In Nigeria it has 86 per cent interest in Oil Prospecting Licence 288, located on the continental shelf, 40km offshore Bayelsa, which it won during the 2007 Bid Round. The company is currently evaluating seismic data on the block.
Annual turnover - an annual turnover in excess of $1billion (2006 figure)