SacOil says entered into settlement agreement with Nigdel

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Settlement agreement relating to OPL 233 Legal Disputes

* Entered into a settlement agreement with Nigdel whereupon both parties have withdrawn respective litigation, arbitration claims

* “decision to settle this case is not expected to have an impact on SacOil’s financial results for current year.”-CEO Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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