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Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering

Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering
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Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering

Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Stemming tide of unending spillages, degradation of oil-bearing — Saturday Magazine — The Guardian Nigeria News – Nigeria and World News

Oil spillThe thorny issue of oil spillage and the debates around it are as old as when Nigeria began crude oil exploration in the Niger Delta region. But it was the 1970 oil spill in Ogoniland, which led to a £26m fine against Shell in Nigeria that eventually put the country in the eye of the storm globally. Many judgments have since been delivered against oil companies, the Nigerian government and/or their representatives and supervising agencies for the degradation of oil-bearing communities and losses of lives and property. However, the phenomenon has failed to abate, as the Federal Government, between 1970 and 2000, reported about 7000 spills. Given the country’s weak regulatory oversight, as well as poor data gathering capacity, statistics of data spill is, according to many experts, inaccurate and mainly underreported. Amnesty International had reported that since 2014, Eni alone had about 820 spills in the Niger Delta accounting for about 4.1 million litres. Also, since 20

Decklar Resources Inc Announces Letter of Intent to Participate in Asaramatoru Field in OML 11 in Nigeria and Appointment of New Chief Financial Officer

Decklar Resources Inc. announces the completion of a non-binding Letter of Intent to purchase all of the issued and outstanding ordinary shares of Purion Energy Limited a Nigerian entity that has the right to enter into a Risk Finance and Technical Services Agreement with Prime Exploration and Production Limited to participate in the Asaramatoru field in Nigeria, located in OML 11, the same block where Decklar is .

Will Supermajors Finally Be Held Accountable For Oil Spills?

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