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Peter Uzoho
Some marginal fields’ operators have kicked against the revocation of 11 oil field licences by the Department of Petroleum Resources (DPR) under the guise that the affected fields had been left fallow, stressing that the action of the regulator has jeopardised investments valued in excess of $450 million and exposed them to local litigations and international arbitrations.
They appealed to President Muhammadu Buhari to direct the DPR to withdraw all letters of revocation and grant them all pending approvals to enable them to continue with the execution of their field development plans.
The affected oil fields and their operators include: Atala operated by Bayelsa Oil/CEPL; Dawes Island operated by Eurafric; Ofa operated by Independent Energy; Ke operated by Del-Sigma/Xenoil; Ororo operated by Guarantee/Owena; and Ekeh operated by Movido. ....

Dawes Island , Nigeria General , Niger Delta , Tom Shot Bank , Peter Uzoho , Muhammadu Buhari , Sahara Africa Oil , Petroleum Resources , Ministry Of Petroleum Resources , Bayelsa Oil , Department Of Petroleum Resources , Urge Buhari , President Muhammadu Buhari , Independent Energy , Africa Oil , Non Performing Loans , Marginal Field , Farm Out Agreements , Marginal Field Operators , Marginal Fields , டவ்ஸ் தீவு , நைஜீரியா ஜநரல் , நைஜர் டெல்டா , டோம் ஷாட் வங்கி , பெட்ரோலியம் வளங்கள் , அமைச்சகம் ஆஃப் பெட்ரோலியம் வளங்கள் ,