Oil rig in Nigeria at sunrise, symbolizing a new era of energy leadership

Fueling the Future Through Local Capacity and Global Vision

April 25, 20252 min read

Business Plan

TOCHMIC generates revenue by drilling and selling crude oil from marginal fields in Nigeria, using off-take agreements indexed to the PLAT market rate. These agreements ensure high-margin returns while offering strategic stability for investors.

We’re targeting fast-growing demand centers in Europe, Asia, and North America—regions actively seeking new, reliable crude sources amid geopolitical disruptions.

We’ve already built strong industry expertise through our engineering and procurement business. Now, we’re taking full control by becoming a principal operator.

Our model is flexible:

  • Debt Investors: Earn a stable 15% annual return.

  • Equity Investors: Participate in long-term value creation, with the potential for 5–10x returns.

  • Hybrid Investors: Customize a blend of both.


Team

ONIMENLEN OSAREMHEN – CEO
With nearly two decades in engineering and procurement, Onimenlen brings both vision and execution to TOCHMIC’s strategy. He leads with a commitment to integrity, operational excellence, and investor alignment.

EGBOH IJEOMA DAVID – Managing Director
A seasoned operations leader with deep experience in Nigerian oil logistics, David ensures that our on-the-ground performance meets the standards of our strategic vision.

Together, they form a founder-led team with deep roots in the industry and the local ecosystem.


Competitive Advantage

TOCHMIC is built different—by design.

  • Experienced operators: We’ve served the oil and gas sector for years. We know the fields. We know the regulations. We know the stakeholders.

  • Regulatory readiness: Actively bidding for marginal fields with full compliance strategy in place.

  • Community-first approach: Host communities aren’t just bystanders—they’re partners.

  • Environmental commitment: We drill with precision, responsibility, and zero tolerance for pollution.

  • Flexible investor terms: From fixed returns to high-growth equity, we tailor the opportunity to fit your strategy.


Why Now

The timing couldn’t be better.

  • Geopolitical instability has made traditional oil sources less reliable. Countries are actively seeking new partners.

  • Nigeria’s government is supporting indigenous operators and accelerating marginal field access.

  • Open bids are happening now—and we’re ready to act.

  • Global demand isn’t slowing down. If anything, it's increasing.

This is the moment for bold, capable teams to step up—and for investors to move early.


Deal Terms

  • Capital Raise Goal: $150M–$200M

  • Investor Requirements: Must have a capital base of $500M+ (per local regulatory guidelines)

  • Options:

    • Debt Investment: 15% fixed annual return

    • Equity Investment: Ownership stake + profit participation

    • Hybrid: Combination of both

  • Use of Funds:

    • Marginal field acquisition

    • Drilling and well development

    • Export pipeline construction

    • Floating storage units (FSPO/FSO)

    • Operations and compliance infrastructure

Exit Strategy:
Equity investors can exit via asset sale, strategic acquisition, or public listing within 5–7 years.

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