RE:RE:RE:RE:OML Bidding round over In the short term, the Company will continue its advanced stage negotiations
and discussions to obtain all the necessary funds to operate.
The Company will continue to work closely with its partners, Associated and Dansaki to resolve all outstanding matters between the parties.
Subject to obtaining the necessary
approvals from its partners Associated and Dansaki as well as the
Nigerian government, the Company still intends to develop the Tom Shot Bank Field.