The AVO Fluid Inversion (AFI) technique to predict the probability of oil and gas occurrence in OML-X and quantify the uncertainties associated with the fluid prediction using Seismic sections and some well picks from nearby Ose Field. The seismic data interpretation of the Osemu prospect was based mainly on the picking of seven horizon layers (including the sea bottom). Four deeper horizons (C, D, E & F) were analysed for prospect generation and volumetric estimation. Results showed a major NW-SE trending growth fault controlled sedimentation and structural deformation in the study area. The seismic interpretation has identified two main prospects in the Osemu area. These are named Osemu-Main and Osemu-Upper. From the study two wells are recommended to be drilled on the structure. The two are expected to pierce all the four reservoirs considered in the volumetrics mid way between the crest and the flank.