Petralon 54 Limited has faulted a media report on the position of the Appeal Court concerning the Dawes Island Field dispute, describing it as misleading and inaccurate.

The firm specifically disputed claims that an interlocutory appeal it filed stalled proceedings in Suit No. FHC/L/CS/479/18 for several years.

As explained by its Solicitors, Pinheiro LP, the company said the publication, dated May 22, 2026, with the headline, “Appeal Court Clears Way for Trial as Makmera Revives 49% Equity Claim in Dawes Island Field”, misrepresented facts relating to ongoing proceedings before the Federal High Court and the Court of Appeal concerning licence claims tied to the Dawes Island Field.

The firm specifically disputed claims that an interlocutory appeal it filed stalled proceedings in Suit No. FHC/L/CS/479/18 for several years.

According to Petralon, the appeal referenced in the report,CA/LAG/PRE/ROA/1079M/25, was filed in October 2025, making it impossible for it to have caused prolonged delays in a matter that had been in court for years.

The Company further stated that since the filing of the appeal and up to the most recent court sitting in May 2026, the substantive suit had been heard multiple times at the lower court without any application for a stay of proceedings on account of the appeal.

Petralon maintained that it did not take any action to halt proceedings, contrary to what was reported.

It attributed delays in the case to the Claimant, Makmera, alleging repeated adjournment requests and lack of readiness to proceed with trial on several occasions.

The Solicitors cited the proceedings of May 5, 2026, where counsel to Makmera reportedly informed the court of an inability to proceed due to the unavailability of a senior counsel, leading to an adjournment of the matter to October 13, 14 and 15, 2026.

Petralon also challenged the report’s claim that the Court of Appeal declined its appeal on April 14, 2026.

It clarified that the appellate court did not dismiss the appeal, but adjourned the matter to October 12, 2026, for hearing.