Independent Oil & Gas PLC Appointment of Peel Hunt as Joint-Broker (6538V)
July 25 2018 - 2:01AM
UK Regulatory
TIDMIOG
RNS Number : 6538V
Independent Oil & Gas PLC
25 July 2018
25 July 2018
Independent Oil and Gas plc
Appointment of Peel Hunt as Joint-Broker
Independent Oil and Gas plc ("IOG" or the "Company"), the
development and production focused Oil and Gas Company, is pleased
to announce that it has appointed Peel Hunt LLP as joint-broker to
the Company alongside the existing broker and Nominated Advisor,
finnCap Limited with immediate effect.
Andrew Hockey, CEO of IOG commented:
"We are extremely pleased to be working with Peel Hunt as we
progress the funding of our dual gas hub development project. We
look forward to working closely with them in conjunction with our
existing brokers finnCap."
-ENDS-
Enquiries:
Independent Oil and Gas plc
Andrew Hockey (CEO) +44 (0) 20 3879
James Chance (CFO) 0510
finnCap Ltd
Christopher Raggett / Anthony Adams
(Corporate Finance) +44 (0) 20 7220
Camille Gochez (Corporate Broking) 0500
Peel Hunt LLP
Richard Crichton +44 (0) 20 7418
David McKeown 8900
Camarco
Georgia Edmonds / Tom Huddart / Monique +44 (0) 20 3757
Perks 4980
About Independent Oil and Gas:
IOG owns substantial low risk, high value gas Reserves in the UK
Southern North Sea. The Company is targeting a 2P peak production
rate in excess of 200 MMcfd (c. 35,000 Boe/d) from its substantial
current portfolio (2P Reserves of 303 bcf) via an efficient hub
strategy. Alongside this it continues to pursue value accretive
acquisitions, to generate significant shareholder returns. All
IOG's licences are owned 100% and operated by IOG.
Further information can be found on
www.independentoilandgas.com
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END
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