FG Revokes Licences of 11 Marginal Field Operators

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The federal government has revoked the licences of 11 marginal field operators.

The affected companies include Movido–Ekeh, Goland – Otiti, Independent Energy – Ofa, Associated-Tom Shot Bank, Bayelsa – Ayala, Sogenal – Akeni and Delsigma–Ke.

Others are Bicta–Ogedeh, Guarantee–Ororo, Eurafic-Dawes Island and Sahara–Tsekelewu.

The affected companies were given letters on Monday.

The operators were awarded the fields in 2003.