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Africa Oil & Gas: Sirius Petroleum signs US$10 million financing agreement with BP in Nigeria
AIM-listed Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, has announced that, following completion of technical due diligence on the Ororo field, the Company has entered into a US$10m revolving pre-payment facility and commercial offtake agreement in respect to the sales of the crude produced from the Ororo field, with BP Oil International, a subsidiary of BP.
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