The Director of New Energy at Seplat Energy, Effiong Okon, said this in a Keynote during an event in Abuja.
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The development has been confirmed by the company’s Chief Executive Officer, Roger Brown, in a statement on Tuesday.
Justice Inyang Ekwo, who directed the oil giant to pay the defendants in the suit the sum of N1 million each within 30 days of the order, dismissed the suit after it was withdrawn by counsel to the company, Emmanuel Agwungwu.
A Federal High Court, Abuja has fixed July 4 for hearing a suit filed by Seplat Energy Plc against two members of Statutory Audit Committee of the company.
Edo House of Assembly has summoned the management of Seplat Energy and leaders of the Orogho community over a land dispute.
The oil guru, who is a friend and senior industry colleague of both Orjiako and Aver, has stepped in to arbitrate.