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Tom Shot Bank Field Awarded to Associated O&G and Dansaki

1st January, 1996

hexgear

In 1996, the Tom Shot Bank was declared as a Marginal Field under the Petroleum Amendment Act 23, and was then awarded to Associated Oil and Gas (51% & operator) and Dansaki Petroleum (49%) in 2003 to be operated under a joint venture arrangement..

Machunga Laraba, Gwadah Bitrus, Balat Isaiah, Uzor Azuka, Ibok Udo, Uzoechi Isaac, Kadiri Samuel, Afolabi Aderenle and Aina Yinka as shareholders.

Asset: Tom Shot Bank Source: http://dansakipetroleum.com/op...

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