IOG Will get New Gasoline Gross sales Settlement With BP Gasoline Advertising

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By Kyle Morris

IOG PLC stated Friday that it has secured a brand new gasoline gross sales settlement with BP Gasoline Advertising Ltd. that replaces the settlement signed between the businesses in 2014.

The London-listed gasoline producer stated the brand new settlement covers its fairness gasoline from the Saturn Banks Part 1 fields and the Nailsworth and Elland fields.

The brand new settlement is on improved phrases, it stated.

Shares in IOG at 1414 GMT had been up 2.75 pence, or 6.8%, at 43 pence.

Write to Kyle Morris at kyle.morris@dowjones.com



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