Who we are
OBMFL is a proudly Nigerian oil and gas investment and trading company, focused on unlocking the value of Africa’s hydrocarbon resources. We specialize in the strategic acquisition and portfolio management of upstream assets, with a growing presence in the Nigerian marginal field landscape. In parallel, we operate a performance-driven crude oil trading platform, connecting our production and partner offtake to both global and domestic markets.
At our core, we are a value-led, results-focused enterprise that blends commercial discipline with strategic foresight. With deep insight into Nigeria’s regulatory environment and energy potential, we are committed to transforming underutilized resources into long-term prosperity for our investors, communities, and partners.
At our core, we are a value-led, results-focused enterprise that blends commercial discipline with strategic foresight. With deep insight into Nigeria’s regulatory environment and energy potential, we are committed to transforming underutilized resources into long-term prosperity for our investors, communities, and partners.
Our purpose
To unlock Nigeria’s hydrocarbon wealth and transform it into long-term prosperity for communities, stakeholders, and future generations.
Our purpose defines our direction: we believe that Nigeria’s natural resources — when acquired, managed, and commercialized responsibly — can fuel sustainable development. OBMFL exists to invest in, optimize, and monetize upstream oil and gas assets, ensuring each investment delivers enduring value across the economic and social spectrum.
As a company active in both asset investment and crude oil trading, we bridge the upstream and marketing divide. From portfolio development to profit realization, we turn energy into opportunity — strategically, responsibly, and transparently.
Our purpose defines our direction: we believe that Nigeria’s natural resources — when acquired, managed, and commercialized responsibly — can fuel sustainable development. OBMFL exists to invest in, optimize, and monetize upstream oil and gas assets, ensuring each investment delivers enduring value across the economic and social spectrum.
As a company active in both asset investment and crude oil trading, we bridge the upstream and marketing divide. From portfolio development to profit realization, we turn energy into opportunity — strategically, responsibly, and transparently.
Our strategy is rooted in portfolio-led integration — aligning upstream investment with downstream trading capabilities to create a self-sustaining energy value chain.
Upstream Asset Investment & Development
We invest in and manage equity interests in high-potential oil and gas fields, with a strategic focus on marginal and underutilized assets. Our flagship asset, the Emohua Field (PPL 201), is steadily advancing toward first oil. Across our upstream operations, we place strong emphasis on technical development planning, regulatory compliance, and proactive local stakeholder engagement.
Crude Oil Trading & Market Optimization
Our trading division serves as the commercial engine of our upstream portfolio. We market crude oil from our own assets while also trading third-party barrels. Leveraging real-time pricing intelligence, structured offtake agreements, and robust risk-mitigation strategies, we ensure value capture across the transaction chain. Our approach prioritizes market responsiveness, supply reliability, and full regulatory compliance in all trade executions.
Strategic Growth & Upstream Expansion
OBMFL is pursuing long-term growth by expanding its upstream asset portfolio through acquisitions, farm-ins, and bid rounds. The company strengthens its operations via partnerships with technical operators and continuously optimizes its portfolio through performance reviews and risk assessments. Non-core assets may be divested or repositioned to improve capital efficiency, all within a strategy focused on scalable, oil-driven value creation.
Our Team
Our Management Team
Executive Chairman
Isa is the Executive Chairman of Omega-Butler Marginal Fields Ltd (OBMFL), a fully indigenous energy company active in upstream asset investment and crude oil trading. In this capacity, he provides high-level strategic direction, board leadership, and governance oversight, ensuring the company remains positioned for sustainable growth and long-term value creation within Nigeria’s evolving oil and gas sector.
As Executive Chairman, he plays a pivotal role in shaping investment strategy, capital allocation, and risk management frameworks, while maintaining strong regulatory and partner relationships. Under his leadership, OBMFL has secured a 23.42% interest in the Emohua Marginal Field (PPL 201), an onshore asset progressing towards first oil.
Isa also serves as a Director of EOP Energy Resources Ltd, the designated field operator, where he ensures that governance standards and operational strategies are aligned across the consortium. Beyond OBMFL, he chairs Grey Stokes Ltd, an investment and advisory platform with interests in energy, infrastructure, and finance.
An alumnus of Harvard Business School and Churchill College, Cambridge, Isa is recognized for his integrity, strategic foresight, and ability to unite diverse stakeholders toward shared goals, positioning OBMFL as a high-impact player in Nigeria’s upstream and trading value chains.
Executive Director
Eche is a distinguished corporate lawyer and oil & gas specialist with over 15 years of post-call experience, including more than a decade as in-house counsel within Nigeria’s petroleum sector. He currently serves as Executive Director of Omega-Butler Marginal Fields Ltd (OBMFL).
Eche also serves as a Director at EOP Energy Resources Ltd, the technical operator of the Emohua Field. He also holds the position of Company Secretary and Head of Legal at Clairgold Oil & Gas Engineering Ltd, where he provides legal oversight on corporate governance, energy infrastructure projects, and regulatory compliance.
His core expertise spans corporate law, energy regulation, construction law (FIDIC, NEC, ICE), dispute resolution, compliance, and risk management. As the Publicity Secretary of the Crude Oil Refiners Association of Nigeria (CORAN), Eche plays a leading advocacy role for modular refinery policy reform and sustainable domestic refining.
He has served on key technical and ministerial committees under the Federal Ministry of Petroleum Resources, contributing to national policy on modular refinery funding and domestic crude supply obligations. His advisory portfolio includes the Egbin Power Plant rehabilitation and legal structuring for Clairgold’s 20,000 BPD modular refinery.