Last checked at 25 Oct 2018 07:00
Thursday 25th October 2018
Energean Oil & Gas plc
("Energean" or the "Group")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Robert William Peck | ||||
2 | Reason for the notification | |||||
a) | Position/status | Independent Non-Executive Director | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer | |||||
a) | Name | Energean Oil & Gas plc | ||||
b) | LEI | 549300RVMKU0CYUZBB5 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification Code | Ordinary shares of 1p each
GB00BG12Y042 | ||||
c) | Nature of the transaction | Acquisition | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 2018-10-22 EST | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
Enquiries
Energean | Tel: 020 3859 3540 |
Kate Sloan, Head of IR
| |
Camarco (Financial PR) | Tel: 020 3757 4980 |
About Energean Oil & Gas plc
Energean is a London Premium Listed independent FTSE250 E&P company with operations offshore Israel, Greece and the Adriatic. Energean has 349 mmboe of 2P reserves and 48 mmboe of 2C resources across its portfolio.
In August 2017 the Company received Israeli Governmental approval for the FDP for its flagship Karish-Tanin gas development project, where it intends to use an FPSO and produce first gas in 2021. Energean has already signed firm contracts for 4.2 bcma of gas sales into the Israeli domestic market. Future gas sales agreements will focus on both the growing Israeli domestic market and key export markets in the region. In Greece, the Company is pursuing an ongoing investment and development programme to increase production from its Prinos and Prinos North oil fields and to develop the Epsilon oil field, located in the Gulf of Kavala, Northern Greece.
Energean has five exploration licences offshore Israel, and a 25 year exploitation licence for the Katakolo offshore block in Western Greece and additional exploration potential in its other licences in Western Greece and Montenegro.
www.energean.com