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Licence Renewal

24 Aug 2018 12:23

RNS Number : 8507Y
MX Oil PLC
24 August 2018
 

24 August 2018

 

MX Oil / Ticker: MXO / Index: AIM / Sector: Oil & Gas

 

MX Oil plc ("MX Oil" or the 'Company')

 

Licence renewal

 

 

MXO plc, an oil and gas investing company listed on AIM, is pleased to announce that the operator of the offshore licence in Nigeria, OML 113, in which it has an investment, has received consent from the Minister of Petroleum Resources for its renewal for another term of 20 years. The renewal is subject to the satisfaction of certain conditions, including a commitment to develop the gas potential of the licence.

 

* * ENDS * *

 

For further information please visit www.mxoil.co.uk or contact:

 

MX Oil PLC

Stefan Olivier, CEO

 

+44 20 7710 9618

 

Cairn Financial Advisers LLP

(Nominated Adviser)

Jo Turner/James Caithie

 

 

 

+44 20 7213 0880

 

Cornhill Capital

(Broker)

Daniel Gee

 

 

 

+44 20 7710 9612

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
5th Jun 20267:00 amPRNFurther re: Joint Venture Agreement to Acquire Oil and Gas Assets and Issue of Warrants
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14th Nov 20247:00 amRNSJKT Reclamation Facility Operations Update
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5th Jul 20247:31 amRNSJKT Reclamation Facility Operations Update
1st Jul 20247:30 amRNSSuspension - ADM Energy Plc
27th Jun 20242:30 pmRNSTemporary Suspension
26th Jun 20242:00 pmRNSInvestment, Financing and Debt Restructuring
13th Jun 20247:00 amRNSJKT Reclamation Facility Operations Update

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