Falkland Oil and Gas Limited Statement re Share Price Movement (8785Y)
12 September 2015 - 1:01AM
UK Regulatory
TIDMFOGL
RNS Number : 8785Y
Falkland Oil and Gas Limited
11 September 2015
11 September 2015
Falkland Oil and Gas Limited
("FOGL" or the "Company")
Statement re Share Price Movement
Falkland Oil and Gas Limited (AIM:FOGL), the oil and gas
exploration company focused on its extensive licence areas to the
North, South and East of the Falklands islands, notes today's
increase in the Company's share price and confirms that it is not
aware of any reason that would lead to such a movement.
Drilling continues on the Humpback exploration well and none of
the reservoir objectives have been penetrated yet. As previously
announced on 25 August 2015, FOGL anticipates that the results of
the well should be available in September 2015 and a further update
will be provided once target depth has been reached and wireline
logs have been run.
- Ends -
For further information:
Falkland Oil and Gas Limited
Tim Bushell, Chief Executive +44 (0) 20 7563 1260
RBC Capital Markets (Nominated Advisor and Joint Broker)
Matthew Coakes / Daniel Conti +44 (0) 20 7653 4000
Numis Securities Limited (Joint Broker)
John Prior / Ben Stoop / Paul Gillam +44 (0) 20 7260 1000
FTI Consulting
Ed Westropp / George Parker +44 (0) 20 3727 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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