A Federal High Court in Lagos State has stopped the Minister of Petroleum Resources and Department of Petroleum Resources (DPR) from revoking the Ororo Marginal Field within OML 95 until the determination of the substantive suit is heard.
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This comes as Justice Muslim Sule Hassan of the Federal High Court permitted the order of interim injunction against the defendants following an application by Owena Oil and Gas Ltd.
The Ororo field, which was discovered in 1986, is located within OML 95 in shallow waters offshore in Ondo State, Nigeria. The field lies in water depths ranging between 23ft and 27 ft.
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