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FG Revokes Six Oil Licences, Gives Reasons - Printable Version +- Forums (http://contripeople.com) +-- Forum: Retired Forums (http://contripeople.com/forumdisplay.php?fid=78) +--- Forum: Retired Forums. Please Make Your Post Within The 3 Forums In General Discussion (http://contripeople.com/forumdisplay.php?fid=49) +---- Forum: Oil/Gas (http://contripeople.com/forumdisplay.php?fid=41) +---- Thread: FG Revokes Six Oil Licences, Gives Reasons (/showthread.php?tid=18060)

FG Revokes Six Oil Licences, Gives Reasons - Edoman - 06-06-2019 The Federal Government has revoked five oil mining licences (OML) and one oil prospecting licences (OPL) belonging to five companies, Igbere TV reports. In a statement issued by the Department of Petroleum Resources (DPR) on Thursday, and obtained by Igbere TV, it said the revocation was based on a presidential directive to “recover legacy debts” owed by the companies operating the licences. The five companies affected were listed as Pan Ocean Oil Corporation (OML 98); Allied Energy Resources Nigeria, (OML 120 and 121); Express Petroleum and Gas Company (OML 108); Cavendish Petroleum Nigeria (OML 110) and Summit Oil International (OPL 206). http://igberetvnews.com/749909/breaking-fg-revokes-six-oil-licences-see-list/