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1 Feb 2011 07:00
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For immediate release 1 February 2011
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Analyst Presentation
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Desire Petroleum plc (AIM:DES) the company wholly focused on the North Falkland Basin, wishes to announce that it will later today post on its website, www.desireplc.co.uk, a presentation it will shortly be giving to analysts.
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The presentation covers an update on the drilling results, the prospectivity of the licences, future drilling plans, the status of the 3D seismic acquisition programme and the current funding position.
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The next well to be drilled by Desire is now likely to be on the Ninky prospect, subject to all regulatory approvals, when the rig returns to Desire in March/April.
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For further information please contact:
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Desire Petroleum plc | 020 7436 0423 |
Stephen Phipps, Chairman | |
Dr Ian Duncan, Chief Executive Officer | |
Seymour Pierce Limited | 020 7107 8000 |
Jonathan Wright/Stewart Dickson, Corporate Finance Richard Redmayne / Paul Jewell, Corporate Broking | |
Buchanan Communications | 020 7466 5000 |
Ben Romney Tim Thompson Chris McMahon |
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