Who we are
At the core of our mission is the ambition to lead West Africa in operational efficiency and
emissions reduction within energy transition. We are deeply committed to nurturing the
economic and social progress of African communities while championing the shift towards
renewable energy sources.
Our company boasts a management and operational team with extensive experience in the oil, gas, and infrastructure sectors across West Africa. Founded with a clear and focused vision, Augere Energy benefits from the vast expertise of our leadership team, which collectively brings over 50 years of experience in investment, business management, project support, operational exploration, development, and production. This depth of knowledge enables us to navigate the complexities of the energy sector with confidence and precision.Even in the most optimistic scenarios for reducing fossil fuel consumption, substantial production will be essential until at least 2050. Our business model reflects this reality by focusing on decreasing oil and gas production and cutting emissions, aligning with the IEA's "Net Zero by 2050" roadmap.
Our primary objective is to acquire traditional, revenue-generating assets in this highly
productive region, aiming to deliver sustainable, long-term value to our stakeholders. Augere
Energy distinguishes itself with a leadership team that possesses extensive experience in the oil,
gas, and infrastructure sectors of West Africa, collectively boasting over 50 years of expertise in
investment, business management, project support, operational exploration, development, and
production. This depth of knowledge empowers us to navigate the intricacies of the energy sector
with confidence and precision.
We prioritize measurement, empowering every member of our team—from field workers to the
CEO—with the information and responsibility needed to take ownership and maximize
profitability.
Our approach is grounded in technical excellence and a thorough understanding of assets and
systems. We emphasize effective risk mitigation strategies to ensure we optimize the value of our
acquisitions and operations. Upholding these core principles, we are dedicated to propelling the
energy transition forward in West Africa.
Innovation and sustainability are ingrained in Augere Energy's ethos. We are committed to
implementing state-of-the-art technologies and practices that enhance operational efficiency
while minimizing our environmental footprint. Beyond financial success, our aim is to create
positive impacts within the communities and environments where we operate.
Our Purpose
Our purpose is to make a meaningful impact on the West African energy landscape by safely, efficiently, and sustainably producing hydrocarbons to meet global energy demands while creating lasting value for our shareholders.
Our strategic focus is on acquiring conventional, cash-generating, producing assets in West Africa. This region offers a wealth of opportunities, and our goal is to harness these to deliver sustainable, long-term value. We are committed to transforming the delivery of energy solutions by implementing cutting-edge technologies and best practices that enhance operational efficiency and minimize environmental impact.
At Augere Energy, we prioritize technical excellence and a holistic understanding of assets and systems. We implement effective risk mitigation strategies to maximize the value of our acquisitions and operations. By focusing on these core principles, we ensure that our projects are not only profitable but also sustainable and beneficial to the communities and environments in which we operate.
Innovation and sustainability are at the heart of our operations. We are dedicated to continuously improving our processes and technologies to achieve our goals. Our commitment to safety, efficiency, and sustainability drives us to meet global energy demands responsibly, ensuring that we contribute positively to the world’s energy landscape.
We believe in creating lasting value for our shareholders while making a positive impact on the global energy sector. Through our strategic focus on West Africa, we aim to be a leading force in the industry, recognized for our excellence, innovation, and dedication to sustainable energy production.
Core Values
integrity
Integrity is at the heart of everything we do. We adhere to the highest ethical standards, ensuring honesty, transparency, and fairness in all our operations. We believe that trust is earned through consistent and reliable actions.
Responsibility
We recognize our duty to the environment, our communities, and future generations. Responsibility means committing to sustainable practices, prioritizing safety, and actively contributing to the well-being of the people and places we impact.
Innovation
Innovation drives our progress. We embrace cutting-edge technologies and creative thinking to continuously improve our processes and products. By fostering a culture of innovation, we stay ahead in a dynamic industry and deliver value to our stakeholders.
Collaboration
Collaboration is the cornerstone of our success. We believe in the power of teamwork and open communication. By working together with our partners, employees, and communities, we achieve common goals and create a positive impact.
Leadership
Our Board and Management possess extensive expertise in turnaround, subsurface, and operations, having
provided support to some of the leading energy corporations globally. This wealth of experience will be
harnessed to fulfill Augere Energy's mission - to emerge as the ultimate and most exceptional custodians
of Nigeria Oil & Gas wells.
Mitchell Adeyemi Sonariwo
Co-founder & CEO
Steven Bayonle Fashipe
CEO & Co-Founder
David James
Independent Non-Executive Director
Edward Bale
Independent Non-Executive Director
