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Lord Grimond
asked Her Majesty's Government:With reference to their Answer to Lord Grimond's question on 19th February—(
Official Report, col. 857) why neither Britoil nor Enterprise Oil qualified as independent oil exploration companies.
The Secretary of State for Trade and Industry
(Lord Young of Graffham)
I regret that my answer to Lord Grimond's oral supplementary question on 19th February—(Official Report, col. 857) provided incomplete information. There are two independent oil companies in which a golden share is held: Britoil and Enterprise Oil.