There is uncertainty around the fate of marginal fields that investors bid for but have been unable to pay the required signature bonus as the April 21 deadline passes. Nigeria’s oil and gas regulatory agency, the Department of Petroleum Resources (DPR), has yet to confirm if it would extend the deadline for payment of signature…for further reading click on, https://businessday.ng/energy/oilandgas/article/uncertainty-as-deadline-for-marginal-field-signature-payment-passes/
Source: BusinessDay Newspaper Apr 21, 2021