Eland to raise funds for Gbetiokun-1 well in Nigeria

04 May 2016, Houston — Eland Oil & Gas Plc announced Friday that is aiming to raise approximately $15 million through a placing of its shares in order to fund operations at the Gbetiokun-1 well in Nigeria. The net proceeds of the placing will be used to fund the re-entry, completion and production of the […] More »