NPDC transfers OML 30 to new operator; Heritage Oil Limited

NPDC transfers OML 30 to new operator; Heritage Oil Limited
April 7, 2017 Advocaat Law Practice

The Nigerian Petroleum Development Company (NPDC) has successfully handed over the Oil Mining Lease (OML) 30 to Heritage Oil. Consequently, the new operator has commenced taking steps towards procuring the requisite license to enable it start up production as soon as possible.