Adaobi Rhema Oguejiofor
San Leon, an independent oil and gas exploration, development and production company with business interest in Nigeria, on Tuesday spoke on the replacement of Eroton as the operator of Oil Mining License 18 (OML 18).
Valuechain learnt that Eroton, which is representing the interests of San Leon in OML 18, is currently taking advice on its legal rights to address the matter swiftly in order to stay on as the operator of OML 18.
San Leon said it has been made aware of a statement on the website of the Nigerian Petroleum Development Company (NNPC) Limited, where it was indicated that the non-operating partners of OML 18, NNPC and OML 18 Energy Limited have removed Eroton, an upstream oil and natural gas exploration and production company, from being operators of OML 18 on the basis of zero production from the field, among other reasons.The Company also confirmed it has contacted Eroton and was informed by the latter that this intended takeover of operatorship was done without any legal or contractual basis and, that Eroton considers that the action is without any legal effect, through both a lack of due process and a breach of the rule of law.
