SacOil Officially Assigned OPL 233

Friday, August 22, 2014

SacOil has been assigned a 20% equity stake in OPL 233 offshore Nigeria. The assignment of the participating interest was duly granted and authorized by NNPC as per the submitted Deed of Assignment under the OPL 233 PSC.

The assignment of the stake in OPL 233 allows SacOil to commence a broader and more proactive work program over the asset.

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