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Capital Markets Day

27 Apr 2017 14:30

RNS Number : 5850D
Eland Oil & Gas PLC
27 April 2017
 

27 April 2017

Eland Oil & Gas PLC

("Eland" or the "Company")

 

Capital Markets Day

 

 

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces that it will be holding a Capital Markets Day for investors and analysts in London today.

 

Following today's earlier announcement from Eland entitled "Near-Term Reserves Update" the company will be providing a Nigerian overview, additional detail on the existing Opuama and Gbetiokun well inventory, ongoing operations and development, finance and upside potential. We will also provide the near-term investment case and outlook.

 

A copy of the presentation made to attendees will subsequently be made available on the Company's website.

 

 

END

 

For further information:

 

Eland Oil & Gas PLC (+44 (0)1224 737300)

www.elandoilandgas.com

George Maxwell, CEO

Olivier Serra, CFO

Finlay Thomson, IR

 

Canaccord Genuity Limited (+44 (0)20 7 523 8000)

Henry Fitzgerald O'Connor

 

Panmure Gordon (UK) Limited (+44 (0)20 7 886 2500)

Adam James / Atholl Tweedie

Tom Salvesen

 

Camarco (+44 (0) 203 757 4980)

Billy Clegg / Georgia Edmonds

 

Notes to editors:

Eland Oil & Gas is an AIM-listed independent oil and gas company focused on production and development in West Africa, particularly the highly prolific Niger Delta region of Nigeria.

Through its joint venture company Elcrest, Eland's core asset is OML 40 which is located in the Northwest Niger Delta approximately 75km northwest of Warri and has an area of 498km². In addition, the Company has a 40% interest in the Ubima Field, onshore Niger Delta, in the northern part of Rivers State.

The OML 40 licence holds gross 2P reserves of 83.2 mmbbls, gross 2C contingent resources of 41.2 mmbbls and a best estimate of 254.5 mmbbls of gross unrisked prospective resources. The Ubima field holds gross 2P reserves of 2.4 mmbbl of oil and gross 2C resource estimates of 31.1 mmbbl.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCPGUMGCUPMGWM
Date   Source Headline
18th Apr 20187:00 amRNSOML 40 Reserves and Resources Update
6th Apr 20187:00 amRNSRBL Facility Update
21st Mar 20187:00 amRNSOpuama Operations Update
8th Mar 20187:00 amRNSTR-1: notification of major holdings
13th Feb 20187:00 amRNSOpuama Operations Update
25th Jan 20181:34 pmRNSTR-1: Notification of major holdings
17th Jan 20187:00 amRNSOpuama-8 and -9 Infill Wells Update
12th Jan 20184:37 pmRNSPrice Monitoring Extension
27th Dec 20172:21 pmRNSHolding(s) in Company
22nd Dec 20177:00 amRNSSyndication of RBL
21st Dec 20172:24 pmRNSOpuama-8 Update
15th Nov 20177:00 amRNSOpuama Operations Update
10th Nov 201712:14 pmRNSImplementation of Long Term Incentive Plan
9th Nov 20177:00 amRNSOpuama Work Programme Confirmed
7th Nov 20177:00 amRNSOpuama-7 and Opuama-8 Update
23rd Oct 20177:00 amRNSOpuama-7 side-track and Work Programme Update
26th Sep 20177:00 amRNSInterim results for the six months to 30 June 2017
18th Sep 20177:00 amRNSOpuama-7 Drilling and Crude Sales Update
5th Sep 20177:00 amRNSAppointment of Non-Executive Director
1st Sep 20177:00 amRNSMobilisation of Rig to the Opuama Field
1st Aug 20177:00 amRNSAppointment of CFO
24th Jul 20177:00 amRNSOperations Update
24th Jul 20177:00 amRNSDirectorate Change
4th Jul 20177:00 amRNSReplacement - Conversion of Shares
29th Jun 20174:36 pmRNSHolding(s) in Company
29th Jun 20171:45 pmRNSResult of Annual General Meeting
22nd Jun 20176:11 pmRNSConversion of Shares by Helios Natural Resources
15th Jun 20174:42 pmRNSTR-1: Notification of Major Interest in Shares
13th Jun 20177:00 amRNSRig contract signed
8th Jun 201711:35 amRNSNotice of AGM
7th Jun 20176:25 pmRNSCompletion of Oversubscribed Placing
7th Jun 20177:00 amRNSProposed placing by way of accelerated bookbuild
6th Jun 20174:30 pmRNSFinal Results for the Year ended 31 December 2016
1st Jun 20177:00 amRNSOperations, 2016 Accounts & OML 40 Resource Update
25th May 201711:07 amRNSProduction Update
18th May 201712:02 pmRNSPrice Monitoring Extension
27th Apr 20172:30 pmRNSCapital Markets Day
27th Apr 20177:00 amRNSNear-Term Reserves Update
24th Apr 20177:00 amRNSOperational and Funding Update
4th Apr 20177:05 amRNSHolding(s) in Company
4th Apr 20177:00 amRNSHolding(s) in Company
31st Mar 20177:38 amRNSReplacement - Quarterly Update
31st Mar 20177:00 amRNSQuarterly Update
21st Feb 20177:00 amRNSOperational Update
31st Jan 20177:00 amRNSRecommencement of Production
23rd Nov 20167:00 amRNSProduction Test and Operational Update
3rd Nov 20169:45 amRNSUpdated Presentation
22nd Sep 20167:00 amRNSInterim results for the six months to 30 June 2016
11th Jul 20167:01 amRNSDirectorate Change
11th Jul 20167:00 amRNSOperations Update

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