Sovereign Oil & Gas Company II, LLC (“Sovereign”) is pleased to announce Nigerian government approval of the farm-in by Oriental Energy Resources Limited of Nigeria (“Oriental”) into the Okwok Marginal Field (“Okwok”) located in Oil Mining Lease (OML) 67, which is owned by Mobil Producing Nigeria Unlimited (“Mobil”), a subsidiary of ExxonMobil Corporation, and the Nigerian National Petroleum Corporation (“NNPC”).

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