TIDMLOGP

RNS Number : 6949D

Lansdowne Oil & Gas plc

29 October 2020

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).

30 October 2020

Lansdowne Oil & Gas plc

("Lansdowne" or the "Company")

Barryroe Farm-out (SEL1/11)

Extension of Exclusivity with SpotOn Energy

Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, notes the announcement today by Providence Resources P.l.c., ("Providence") that the period of exclusivity with SpotOn Energy will be extended to 30 November 2020 to facilitate finalisation of the Barryroe Farm-Out documentation. As noted by Providence in their announcement the farmout is structured to ensure that the development is fully funded and includes an Early Development Scheme (EDS) work programme for the Barryroe oil and gas field located in Standard Exploration Licence 1/11.

For further information please contact:

 
 Lansdowne Oil & Gas plc                    +353 1 963 1760 
 Steve Boldy 
 
 SP Angel Corporate Finance LLP        +44 (0) 20 3470 0470 
 Nominated Adviser and Joint Broker 
 Stuart Gledhill 
 Richard Hail 
 
 
 Brandon Hill Capital                  +44 (0) 20 3463 5061 
 Joint Broker 
 Oliver Stansfield 
 

Notes to editors:

About Lansdowne

Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.

For more information on Lansdowne, please refer to www.lansdowneoilandgas.com .

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October 30, 2020 03:00 ET (07:00 GMT)

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