Eland secures $75m loan facility

Eland Oil & Gas has secured a $75 million reserve-based lending facility from Standard Chartered Bank to fund development its Opuma oilfield onshore Nigeria.

Strong support: Debt shows Opuama's robust economics, says Eland's George Maxwell
Strong support: Debt shows Opuama's robust economics, says Eland's George Maxwell
Published 8 January 2015, 09:13Updated 8 January 2015, 09:19
Africa