Clontarf Energy PLC Highlights of comments made at AGM 21 June 2017 (7447I)
June 21 2017 - 6:17AM
UK Regulatory
TIDMCLON
RNS Number : 7447I
Clontarf Energy PLC
21 June 2017
21(st) June 2017
Clontarf Energy plc
("Clontarf" or "the Company")
Highlights of Comments Made at the AGM of Clontarf Energy,
London, 21(st) June 2017
-- Progress has been made in Ghana, over the past year, as
updated by RNS dated 8(th) June, where Clontarf holds a 60%
interest in the Tano 2A concession. There is a resolve on both
sides to reach a conclusion. Discussions are ongoing.
-- Advances have been made in Peru where Clontarf holds a 3%
revenue royalty on offshore Block 183. Union Oil, the block
operator, is working through the environmental permits and other
issues required prior to a drilling decision. The area has seen
discoveries in recent times while there is a deficit in energy
supplies to local cities.
-- The recent award of Block 18 offshore Equatorial Guinea
offers an entry into the rapidly evolving offshore West Africa oil
province. Detailed discussions on terms will begin shortly.
-- The directors have ongoing discussions with parties
interested in bringing projects and finance to Clontarf Energy.
All resolutions were passed at the meeting.
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
ENDS
For further information please visit http://clontarfenergy.com
or contact:
Clontarf Energy plc
John Teeling, Chairman +353 (0) 1 833 2833
David Horgan, Director
Nominated Adviser and Broker
Northland Capital Partners Limited
Tom Price / Gerry Beaney (Corporate Finance) +44 (0) 20 3861 6625
John Howes (Broking)
Public Relations
Blytheweigh +44 (0) 207 138 3204
Nick Elwes +44 (0) 783 185 1855
Camilla Horsfall +44 (0) 787 184 1793
Teneo PSG
Ciaran Flynn +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBGGDLSBDBGRB
(END) Dow Jones Newswires
June 21, 2017 06:17 ET (10:17 GMT)
Clontarf Energy (LSE:CLON)
Historical Stock Chart
From Apr 2024 to May 2024
Clontarf Energy (LSE:CLON)
Historical Stock Chart
From May 2023 to May 2024