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Federal Ministry of Environment Approval

18th Jul 2016 07:00

RNS Number : 3898E
Sirius Petroleum PLC
18 July 2016
 

18 July 2016

 

SIRIUS PETROLEUM PLC

 

("Sirius" or "the Company")

 

Federal Ministry of Environment Approval

 

Sirius Petroleum Plc (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that the Nigerian Federal Ministry of Environment has approved the Environmental Impact Assessment Survey ("EIA") on the Ororo Field Licence (OML 95) ("Licence").

 

Environmental Impact Assessment ("EIA") Approval 

 

The Company announced on 22nd April 2016, that Sirius, together with its partners, Guarantee Petroleum and Owena Oil & Gas ("Partners") had submitted the Environmental Impact Assessment (EIA Survey) for approval with the Ministry of Environment in accordance with the Department of Petroleum Resources ("DPR") guidelines and regulations. 

The Company is pleased to announce that approval has been granted by the Federal Ministry of Environment regarding the Environmental Impact Assessment ("EIA") which covers the drilling of 3 wells on the Ororo Field and the installation of wellhead platforms.

 

In accordance with standard Federal Ministry of Environment conditions, Sirius and its Partners will maintain the required environmental management plan and environmental audits.

 

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

 

Enquiries

Sirius Petroleum plc

Bobo Kuti

+44 (0) 20 3740 7460

www.siriuspetroleum.com

 

Cairn Financial Advisers LLP

Tony Rawlinson / Emma Earl

 

+44 (0) 20 7148 7900

 

Cantor Fitzgerald Europe

David Porter / Sarah Wharry

 

+44 (0) 207 894 7000

 

Gable Communications Limited

John Bick

+44 (0) 20 7193 7463

Email: [email protected]

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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