On August 21,2007, Williams signed a Memorandum of understanding for the Hebron offshore oilfield with several major oil companies in which government royalties were exchanged for a 4.9 percent equity stake in the project.
Williams signed a Memorandum of understanding for the Hebron offshore oilfield with several major oil companies in which government royalties were exchanged for a 4.9 percent equity stake in the project. This was on August 21,2007.