Eland Oil & Gas PLC Notice of AGM (5555H)
08 June 2017 - 8:35PM
UK Regulatory
TIDMELA
RNS Number : 5555H
Eland Oil & Gas PLC
08 June 2017
08 June 2017
Eland Oil & Gas PLC
("Eland" or the "Company")
Posting of Annual Report & Financial Statements and Notice
of AGM
Eland Oil & Gas PLC (AIM: ELA), an oil & gas production
and development company operating in West Africa with an initial
focus on Nigeria, is today pleased to announce that the Company's
2016 Annual Report and Financial Statements and Notice of Annual
General Meeting have been posted to shareholders.
Electronic copies of these documents are available on the
Company's website www.elandoilandgas.com.
The Company's Annual General Meeting will be held on 29 June
2017, at 12.00pm at Seabrokers House, Prospect Road, Arnhall
Business Park, Westhill, Aberdeen, AB32 6FE, Scotland.
ENDS
For further information:
Eland Oil & Gas PLC (+44 (0)1224 737300)
www.elandoilandgas.com
George Maxwell, CEO
Olivier Serra, CFO
Finlay Thomson, IR
Canaccord Genuity Limited (+44 (0)20 7 523 8000)
Henry Fitzgerald O'Connor / James Asensio
Panmure Gordon (UK) Limited (+44 (0)20 7 886 2500)
Adam James / Atholl Tweedie
Tom Salvesen
Camarco (+44 (0) 203 757 4980)
Billy Clegg / Georgia Edmonds
Notes to editors:
Eland Oil & Gas is an AIM-listed independent oil and gas
company focused on production and development in West Africa,
particularly the highly prolific Niger Delta region of Nigeria.
Through its joint venture company Elcrest, Eland's core asset is
OML 40 which is located in the Northwest Niger Delta approximately
75km northwest of Warri and has an area of 498km(2). In addition,
the Company has a 40% interest in the Ubima Field, onshore Niger
Delta, in the northern part of Rivers State.
The OML 40 licence holds gross 2P reserves of 83.2 mmbbls, gross
2C contingent resources of 41.2 mmbbls and a best estimate of 254.5
mmbbls of gross unrisked prospective resources. The Ubima field
holds gross 2P reserves of 2.4 mmbbls of oil and gross 2C resource
estimates of 31.1 mmbbl.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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