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Media Speculation

29 Oct 2014 18:13

RNS Number : 6533V

Independent Oil & Gas PLC

29 October 2014

Independent Oil and Gas plc

("IOG" or the "Company")

Statement re: Media Speculation

Independent Oil and Gas plc (AIM:IOG.L), the North Sea focused oil and gas company, notes the recent speculation on certain websites regarding a potential fundraising by IOG and can confirm that the Company is currently undertaking a marketing exercise with the aim of raising additional capital. Further announcements will be made as and when appropriate.

-ENDS-

Enquiries:

Independent Oil and Gas plc

Mark Routh (CEO)

Peter Young (CFO)

+44 (0) 20 3051 9632

finnCap Ltd

Matt Goode/Christopher Raggett (Corporate Finance)

Joanna Weaving (Corporate Broking)

+44 (0) 20 7220 0500

Camarco

Billy Clegg / Georgia Mann

+44 (0) 20 3757 4980

This information is provided by RNS

The company news service from the London Stock Exchange

END

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