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24 Aug 2018 | 13:12

MXO offshore investment gets licence renewal in Nigeria

Oil and gas investment company MXO said Nigerian authorities had renewed an offshore licence in which it was involved for another 20 years.

The renewal of the OML 113 licence was subject to the satisfaction of certain conditions, including a commitment to develop the gas potential of the licence, the company said in a brief statement.

At 1:12pm: (LON:MXO) MX Oil Plc share price was 0p at 0.35p

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