FG Revokes Licences of 11 Marginal Field Operators

FG Revokes Licences of 11 Marginal Field Operators

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.

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