PRODUCTION SHARING AGREEMENT FOR OIL EXPLORATION AND EXPLOITATIONElephant Oil Corp. • October 13th, 2022 • Crude petroleum & natural gas
Company FiledOctober 13th, 2022 IndustryIn accordance with Law No. 2006-18 of 17 October 2006 constituting the Oil Code of the Republic of Benin, the exploration, research, exploitation, holding, transport, transit and trade of Hydrocarbons on the territory and in the territorial waters of the Republic of Benin and the continental shelf adjacent thereto shall be subject to the provisions of the aforesaid law, which furthermore stipulates that deposits of liquid and gaseous Hydrocarbons belong to the State and constitute transferable minerals.
PRODUCTION SHARING AGREEMENT FOR OIL EXPLORATION AND EXPLOITATIONElephant Oil Corp. • August 12th, 2022 • Crude petroleum & natural gas
Company FiledAugust 12th, 2022 IndustryIn accordance with Law No. 2006-18 of 17 October 2006 constituting the Oil Code of the Republic of Benin, the exploration, research, exploitation, holding, transport, transit and trade of Hydrocarbons on the territory and in the territorial waters of the Republic of Benin and the continental shelf adjacent thereto shall be subject to the provisions of the aforesaid law, which furthermore stipulates that deposits of liquid and gaseous Hydrocarbons belong to the State and constitute transferable minerals.