RNS Number : 1079J
  Spitfire Oil Limited
  27 November 2008
   

    Spitfire Oil Ltd. 
    ("Spitfire" or the "Company"; AIM Ticker: SRO)

    Results of AGM

    Spitfire Oil Limited announces that all the resolutions put to its shareholders at today's Annual General Meeting were duly passed.

    Further information

    Roger Goodwin, Finance Director                                 Telephone: +44(0)20 7629 7774
    Spitfire Oil Limited

    Adrian Hadden                                                            Telephone: +44(0)20 7523 8320
    Collins Stewart Europe Limited


    Notes for editors
    Spitfire's principal activity is the pursuance of the production of fuel oil and distillate from the Salmon Gums Lignite deposits in
Western Australia. Spitfire controls six exploration tenements totalling 519 km2 near Salmon Gums, near Esperance, in the south east of
Western Australia. The tenements contain a large lignite (brown coal) deposit with a JORC Inferred Resource of 500 million tonnes of
lignite. The lignite has a high kerogen (hydrocarbon) content convertible into oil using low temperature pyrolysis at a yield of 0.43 bbl /
tonne. Extractable commercial oil reserves are estimated to exceed 200 million barrels. Salmon Gums is located next to a main road, railway
and pipeline connecting Kalgoorlie and the port of Esperance.


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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