Shoreline Natural Resources
Shoreline Natural Resources Limited (”SNRL“) was incorporated on 10th December 2010. The company is a joint venture between Shoreline Power Company Limited, a Nigerian Company which has extensive interests in the power sector together with a strong network of relationships and Heritage Oil SNR (Nigeria) B.V, a subsidiary of Heritage Oil Limited, which has a strong technical expertise and operations in the upstream sector in Tanzania, Papua and New Guinea. SNRL leveraged on the divestment plans of the Shell Petroleum Development Company Limited to sell its participating interests in some assets located in Nigeria. On 4th November 2012, SNRL acquired the 45% Participating Interest of SPDC in Oil Mining Lease 30 (OML).