Sirius Petroleum Gets $10 Million from BP

Features Dow Jones Newswires

Sirius Petroleum PLC (SRSP.LN) said Monday it will get $10 million from BP Oil International, a subsidiary of BP PLC (BP.LN), to sell 500,000 barrels of oil from the Ororo fields.

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The payment is conditional on the Ororo field achieving a certain daily production, the company said.

-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

(END) Dow Jones Newswires

August 14, 2017 02:49 ET (06:49 GMT)