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Decklar announces Share Purchase Agreement to participate in Asaramatoru Oil Field in OML 11, Nigeria

Decklar announces Share Purchase Agreement to participate in Asaramatoru Oil Field in OML 11, Nigeria
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Port harcourtNiger deltaNigeria generalRivers stateDuncan blountOza oil fieldPurion energyAsaramatoru oil fieldMarginal field programShell petroleum development company of nigeria limitedTechnical services agreementOperator of the asaramatoru oil fieldBonny oil export terminalSuffolk petroleumVenture exchangeShare purchase agreement

Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering

Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering
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Port harcourtNiger deltaNigeria generalRivers stateDuncant blountDuncan blountDavid halpinOza oil fieldPurion energyShell petroleum development company of nigeria limitedTechnical services agreementVenture exchangeRegulation services providerBonny oil fieldAsaramatoru oil fieldMarginal field program

Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering

Decklar Resources Inc Announces Share Purchase Agreement to Participate in Asaramatoru Oil Field in OML 11 in Nigeria and Update on Unit Offering
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Niger deltaNigeria generalRivers statePort harcourtDuncant blountDuncan blountDavid halpinOza oil fieldPurion energyShell petroleum development company of nigeria limitedTechnical services agreementVenture exchangeRegulation services providerBonny oil fieldAsaramatoru oil fieldMarginal field program

Decklar Resources Inc Announces Letter of Intent to Participate in Asaramatoru Field in OML 11 in Nigeria and Appointment of New Chief Financial Officer

Decklar Resources Inc. announces the completion of a non-binding Letter of Intent to purchase all of the issued and outstanding ordinary shares of Purion Energy Limited a Nigerian entity that has the right to enter into a Risk Finance and Technical Services Agreement with Prime Exploration and Production Limited to participate in the Asaramatoru field in Nigeria, located in OML 11, the same block where Decklar is .

Port harcourtUnited statesNiger deltaNigeria generalRivers statePaula kemberDuncant blountDuncan blountDavid halpinDecklar petroleumVp finance of the companyShell petroleum development company of nigeria limitedTechnical services agreementInstitute of management accountantsVenture exchangeRegulation services provider

Marginal Fields Awards, Almost Two Decades After

Economy Seventeen years after the last bid round, Department of Petroleum Resources, the oil and gas industry regulator, was so determined to get it right, it followed through with all the processes, transparently, fairly and equitably. Applauding the process, the former President of the Petroleum Technology Association of Nigeria, Sir. Bank-Anthony Okoroafor, on behalf of a grateful local content community, said, “This is the most transparent Marginal Field bid round ever conducted.” But there is much to a successfully concluded bid round. The real work begins after the award party is over, as there are issues that face awardees after the ceremony. Chris Paul examines

Abuja federal capital territoryFederal republic of nigeriaAuwalu sarkiChris paulBank anthony okoroaforSir bank anthony okoroaforPetroleum technology association of nigeriaNigeria petroleumNational assemblyPetroleum industry billDepartment of petroleum resourcesPetroleum resourcesPetroleum technology associationMarginal fieldChief operating officerFederal republic