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31 Aug 2018 07:00
31 August 2018
Curzon Energy Plc
("Curzon Energy" or the "Company")
Total Voting Rights
Curzon Energy Plc, the 100% owner of the 45,000 acre Coos Bay Coalbed Methane (CBM) Project, announces that following the issue of the 4,425,616 new ordinary shares during the month ended 31 August 2018, the total number of shares in issue and total voting rights as at the date of this announcement is 77,020,316 ordinary shares of 1p each.
The above figure of 77,020,316 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Curzon Energy Plc | +44 (0) 20 3542 0981 |
Stephen Schoepfer / Thomas Wagenhofer |
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www.curzonenergy.com |
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SP Angel Corporate Finance LLP | +44 (0) 20 3470 0470 |
Richard Hail |
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Notes to Editors:
Curzon Energy Plc is the 100% owner of the 45,000-acre Coos Bay Coalbed Methane (CBM) Project, located in Oregon USA. Coos Bay has 2C contingent gas resources of 273.5 BCF.
The Company is implementing a cost-effective staged development plan, targeting first gas and cash generation from Phase I in Q4 2018. The Phase I work programme consists of the low-cost workover of five existing, and drilling of two new wells.
The Company is led by an experienced Board and senior management team who have extensive industry and financial experience. Curzon Energy is listed on the LSE Main Market under the ticker CZN.
About Coalbed Methane (CBM):
Coalbed methane gas (CBM) (or coal seam gas (CSG) or coal-mine methane (CMM)), is a form of natural gas extracted from coal seams or coal deposits. CBM is generated during the process of coalification which is the transformation of plant material into coal and is contained in the coal microstructure. Typical CBM recovery entails initially pumping water out of the coal to allow the natural gas to escape. Methane is the principal component of the natural gas from CBM production, which is typically made up of ~95 per cent methane and normally does not contain hydrogen sulphide or other sulphur compounds. Natural gas produced from CBM can normally be added to natural gas pipelines without any special treatment.
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