Sirius Petroleum (AIM:SRSP), the investing company focussed on oil and gas exploration and development opportunities in Nigeria, notes the press speculation linking it to a substantial Nigerian oil asset.
The Company confirms that it has expanded its target base to include the assessment of oil blocks potentially containing levels of resources significantly larger than the Company's original ambitions, whilst continuing to review potential marginal field opportunities.
To this end Sirius can also confirm that it has exclusivity on an asset with substantial potential resources and is conducting advanced due diligence. The Company will make further announcements regarding progress, in accordance with its obligations under the AIM Rules, as appropriate.
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