UNIVERSAL Energy Resources Ltd said it has commenced crude oil production from its Stubb Creek Field in Akwa Ibom State. The development followed the approval to embark on delivery of oil through the ExxonMobil’s Qua Iboe Terminal, which came on stream in early February 2015.

The company’s Managing Director, Mr. Bassey Umoh, in a statement in Lagos, was quoted as saying, “With this achievement, Universal Energy has joined the league of marginal oil field producing companies in Nigeria.”

He noted that “The marginal field round was executed with the aim of enabling domestic companies to bring smaller marginal fields on stream and we are proud to have achieved this.” He said the company had also successfully completed the construction of an Early Production Facility and building of the necessary 23 km pipeline from the Stubb.