James Bay Resources Limited
James Bay Resources Limited is a Canadian junior oil company with a focus on acquisition and development of oil and gas opportunities in the prolific Delta region of Nigeria. Its first project, the Ogedeh field in OML 90, was originally discovered by Chevron in 1993. James Bay intends to re-enter and test the Ogedeh-1 well, and drill further prospects on the block. James Bay is actively involved in the sourcing of near-term production opportunities as the major IOCs are undergoing a significant strategic shift in Nigeria and are divesting their onshore businesses to focus their efforts on offshore deep water. James Bay’s intent is to partner with indigenous companies to acquire interests in onshore businesses and develop such divestitures.