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By Clifford Ndujihe

Bayelsa Oil Company Ltd, BOCL, has faulted media report that the Federal Government has awarded its oilfield, Atala Field (OML 46) to new investors.

In a statement by Bello Akpoku, BOCL and its Joint Venture Partners – Hardy Oil Nigeria Limited and Century Exploration Company Limited, dismissed as false media report (not Vanguard) that the Federal Government had approved tge award of Bayelsa Oilfied to new owners.

Noting that the said publication was false and intended to mislead the public, it said, “the Management of Bayelsa Oil Company Limited (BOCL), on behalf of itself and the JV Partners of Atala Marginal Field in OML46, wishes to bring to the notice of the general public and the Ijaw nation in particular, that the information in the publication is patently false, misleading and laced with criminal intent by sponsors of the publication.”