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San Leon notes the press release published in Nigeria by Eroton Exploration & Production Company on 13 March 2023 about its ongoing operation of OML 18. This press release is in response to press speculation in Nigeria last week. San Leon's economic interest in OML 18 is not impacted by a possible change of operatorship of OML 18.
It said in 2014, Eroton acquired the 45 per cent interest previously owned by Shell (30 per cent), Total (10 per cent), and NAOC (5 per cent)...
The Nigerian National Petroleum Company Ltd (NNPCL) and its partners have appointed NNPC Eighteen Operating Limited as operator of OML 18 to replace EROTON
The Nigerian National Petroleum Company (NNPC) Limited says it has replaced Eroton Exploration and Production Limited as the new operator...