Elenilto is a reputed international Exploration and Production (E & P) company with African base and with specializations predominantly in minerals, oil and gas and also in iron ore, phosphates, coal, copper, titanium, gold, rare earth metals, oil and gas. The founder of this company is the leading developer Mr. Jacob Engel, known for his international reputation. He has infused an involved expertise and professionalism in all areas of management in all the departments. The company on its own and through its chosen affiliates and strategic partnerships in each country of its operation is engaged in the operation of innumerable projects, worth multi million dollars, all being across many continents/ countries. This strategic affiliate and partnership routes have opened up ways for fresh investments in its core business areas. To name a few of its present operations, we may quote the oil and gas blocks in Senegal and Georgia, Western cluster iron ore project in Liberia, Tantalum project, progressing in Ethiopia.
Elenilto owns lots of licenses in the mining and exploration areas for all its core operations, including industrial and mineral licenses.
As per the award granted by the Senegal Government, this company is the operator having the PSC i.e. the Production Sharing Contract along with the Senegal’s National Oil Company, viz. Petrosen, as the minority participator for the SOSSB (Offshore Sud Shallow Oil Block) in a broad area in the Casamance offshore basin of Southern Senegal spreading over 8000 square kilometers, with a potential, crossing 1.50 billion barrels (STOIIP of oil and half of the same is in the first priority leads, which are associated with the 12m- 26m shallow water salt domes and 1000m to 1500m deeper water shelf edge traps. Elenilto is poised for conducting a 3D seismic survey soon, forming part of an investment tens of millions US$.