Last Wednesday (10th July) President Kiir of South Sudan issued a number of presidential decrees, two of which affected the Ministry of Petroleum (MOP). The current undersecretary Dr Deng was replaced by Dr Thon and Dr Lino was made the new CEO of the state oil company Nilepet.
The Wildcat team has a relationship with both individuals stretching back decades and the Company envisages that these changes will not affect Wildcat plans in South Sudan (re our RNS Announcement of 7 May 2024).
Separately, Wildcat was invited by the MOP to attend celebrations (on 15thJuly 2024) to mark the new appointments and as far as the Company understands, Wildcat was the only oil Company at the celebrations. Dr Omar, Country Manager for South Sudan attended on behalf of Wildcat.
The Wildcat team at the celebrations held at the MOP - Dr Omar (centre)
Wildcat with the Minister of Petroleum
The MOP making Dr Omar of Wildcat an honorary Chief