Sirius Petroleum In Talks With BP About Nigeria Field Financing

Oil and gas company Sirius Petroleum PLC (SRSP.LN) Monday said it is in talks with BP PLC (BP.LN) about a facility to support the financing of a proposed drilling program on the Ororo Field in Nigeria.

Shares at 1414 GMT, up 34%, at a penny valuing the company at GBP27.3 million.

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-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

(END) Dow Jones Newswires

June 12, 2017 10:31 ET (14:31 GMT)