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Home›News›Erin Energy reacts to ‘false reports’ related to Oyo field ops
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March 15, 2018 · about 8 years ago

Erin Energy reacts to ‘false reports’ related to Oyo field ops

Oil and gas company Erin Energy has responded to recent media reports regarding its Oyo field operations, calling the articles inaccurate.

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Oil and gas company Erin Energy has responded to recent media reports regarding its Oyo field operations off Nigeria, calling the articles inaccurate.

According to Erin Energy’s statement on Wednesday, most of the articles’ content, which appeared in print and online, contained nearly identical text, indicating it was likely sourced from an unidentified third party.

The articles erroneously contended that a Nigerian court had ordered the “take over” of the Oyo oil field, Erin further explained.

Erin added that a party attempted to enforce a writ against certain Erin Energy equipment. The writ in question was based on a court order pertaining to parties unrelated to Erin Energy, and a Nigerian court has subsequently ruled that actions taken to enforce the writ against Erin Energy were an abuse of legal process.

Femi Ayoade , Erin Chief Executive Officer, said: “We take seriously these inaccuracies floating around, and caution those behind these stories, and their agents, from misleading members of the public in the future.”

When it comes to Oyo field operations, Erin in late January completed the drilling of the Oyo North West (Oyo-NW) well. Based on preliminary evaluation, the well discovered hydrocarbons in the Miocene Formation.

The Oyo-NW well is located approximately 9.5 kilometers northwest of the Oyo Central field on the company’s offshore Nigeria block 120. Erin Energy started drilling the well using the Pacific Bora drillship in December 2017.

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