Justice Chukwujekwu Aneke of a Federal High Court sitting in Lagos has restrained the Minister of Petroleum Resources, Attorney-General of the Federation and Minister of Justice, and the Director, Department of Petroleum Resources from selling, auctioning or accepting bids for some marginal fields belonging to some oil and gas operators.
The marginal field operators are Associated Oil & Gas Limited, Dansaki Petroleum Limited, operators of Tom Shot Bank Marginal Field, Bayelsa Oil Limited, operator of Atala Marginal Field, Independent Energy Limited, operator of Ofa Marginal Field, Del-Sigma Petroleum Nigeria Limited, operator of Ke Marginal Field.
They are challenging the purported revocation of the awards of marginal fields by the federal government sequel to a letter of revocation dated April 6, 2020.
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