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Transaction Update

18th Feb 2019 07:00

RNS Number : 3272Q
Sirius Petroleum PLC
18 February 2019
 

Sirius Petroleum Plc

("Sirius" or "the Company")

 

Update re: OML 109 Ejubele Development

Sirius Petroleum (AIM: SRSP), the Nigeria focused oil and gas development and production company, is pleased to announce that it has completed its due diligence in relation to OML 109 and is now finalising the financing with a dedicated fund, and awaiting final Block Partner consents to complete the transaction and have mutually agreed with Sirius to extend the transaction period a further 45 days to 31 March. The Company will update the market once this has been concluded.

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

 

Enquiries:

Sirius Petroleum plc

Bobo Kuti, CEO

Mark Henderson, CFO

 

T: 020 3740 7460

Cantor Fitzgerald Europe Limited (Nomad and Broker)

David Porter/Nick Tulloch

 

T: 020 7894 7000

Gable Communications Limited

John Bick

T: 020 7193 7463

[email protected]

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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