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DPR revokes 6 oil licences

DPR Revokes 6 Oil Licences

DPR The Department of Petroleum Resources has revoked five Oil Mining Licences and one Oil Prospecting Licence belonging to five companies. In a public notice issued on Thursday by the regulatory body, the revocation was based on a presidential directive to “recover legacy debts” owed by the companies operating the licences. The five companies affected are Pan Ocean Oil Corporation (OML 98)



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DPR revokes 6 oil licences

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