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2014/12/5
By Alex MacDonald LONDON--West Africa oil and gas explorer Eland Oil & Gas PLC (ELA.LN) said Friday it has satisfied all the conditions to access a $22 million loan facility from Standard Chartered PLC (STAN.LN). The U.K.-listed company, which is primarily focused on Nigeria, said the facility would allow its joint venture Elcrest Exploration & Production Nigeria Ltd.
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