At Birene we understand the changing dynamics of the oil and gas industry rely on hands-on experience through a variety of thought driven processes to deliver exceptional results time and again. The Company has approximately 10 million shares of which an unspecified number are reserved for exercise of options currently outstanding. Management and the Board of Directors of the Company own substantial shares.
We have built an exceptionally talented technical, support and executive team with a significant depth of experience unparalleled for a company of our size. Our Company is directing its efforts towards opportunities that have the potential to provide an exceptional return on investment. Our focus remains on trading, services and searching for exploration and production assets in the prosperous hydrocarbon basin of the Niger Delta in particular. Birene continuously updates the various unfolding oil and gas opportunities that has a well-balanced mix of risk and reward.
Birene is steadily turning into LPG traders of international repute. We are in the process of concluding working arrangements with pressurized vessel companies with significant fleets to support our trading of LPG Internationally while boosting supply of LPG to the domestic market in Nigeria.
Birene intends to be a significant player in global crude oil markets. We have synergistic presence and on the ground expertise and acumen in a number of countries crude is produced, traded, stored and supplied to customers.
Birene has access to petrol tankers on the world’s oceans, and is able to deliver to Nigeria with minimum or on delays. We seek to build long term strategic relationships, either by supplying or by off-taking and adapting in real time to changing local conditions to ensure continuity of supply.