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Response to Press Speculation

17 Jul 2014 09:30

RNS Number : 5932M
Sirius Petroleum PLC
17 July 2014
 



 

Sirius Petroleum Plc.

("Sirius" or the "Company")

Response to Press Speculation

Sirius Petroleum (AIM:SRSP), the Company focussed on oil and gas development and production opportunities in Nigeria, notes the recent press speculation regarding an equity fundraising for the Ororo 1 well. The Company confirms that it is in the process of raising funds in order to bring its offshore assets into production and to provide it with additional working capital. The fundraising is not yet concluded and the Company will update shareholders in due course.

Enquiries:

Sirius Petroleum plc

Bobo Kuti / Jamie Bligh

 

+44 (0) 20 3740 7460

www.siriuspetroleum.com

Cairn Financial Advisers LLP

Tony Rawlinson / Paul Trendell

 

+44 (0) 20 7148 7900

 

Cantor Fitzgerald Europe

David Porter / Julian Erleigh

 

+44 (0) 207 894 7000

 

Gable Communications Limited

John Bick

+44 (0) 20 7193 7463

Email: srsp@gablecommunications.com

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