Press Release: CPS : "Clarification of Statement Regarding CPS Energy Resources PLC's Relationship with Oando Exploration and Production Ltd (OEPL) and Its Interest in OPL 236.

LONDON--(BUSINESS WIRE)--CPS Energy Resources PLC (UK) entered into an option agreement with OEPL to jointly develop the contract area covered by OPL 236. After commercial, technical, and legal due diligence, CPS Energy Resources PLC has exercised its option to acquire an 80.75% participating interest in the Production Sharing Contract for OPL 236, subject to receipt of standard approvals including regulatory approvals, which are expected to be obtained in the near future, further to which full