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DVCL Oil & Gas Plc

In 2004, DEAP CAPITAL secured a licence from Security & Exchange Commision (SEC) to render Venture Capital Services.

In order to tap into the enourmous opportunities available in the Oil & Gas, Telecommunications, ICT and Venture Business segments of the Nigeria economy, DEAP CAPITAL, in 2005, took a strategic decision to spin off its Oil & Gas Division to form a full-fledged subsidiary known as DEAP Venture capital Fund Ltd (DVCF).

DVCF has been positioned to render the following services in the most professional way.

Project Management
With a multidisciplinary staff base, DVCF is able to partner contractor/clients all through the process of project design to completion and commissioning. DVCF Engineers and Financial Advisers are embedded all through the project life. In this way, risk of project failure is reduced to the satisfaction of clients. In the Oil & Gas Sector where DEAP has perfected this service, success rate of above 97% has been achieved.

Leasing
DVCF arranges for appropriate form of lease finance to match cash flow characteristics of clients' businesses.

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