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 .
Port Harcourt The Central Bank of Nigeria, CBN has urged the 36 States Governors in the country, to depend less on oil allocations, but strife to make their states economically viable for investors. CBN Governor, Godwin Emefiele, gave the charge recently while commissioning the Rivers State Cassava Processing
Port Harcourt A call has been made to oil multinationals seeking to divest from onshore operations, to ensure a proper cleanup of all polluted onshore sites, before moving their operations to offshore oilfields. Executive Director, Health of Mother Earth Foundation, HOMEF, Dr. Nnimmo Bassey, who made the call in