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Pin to quick picksPennpetro Energy Regulatory News (PPP)

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Extension of Reporting Deadline

30 Apr 2020 18:00

RNS Number : 5709L
Pennpetro Energy PLC
30 April 2020
 

 

 

 

30 April 2020

Pennpetro Energy Plc

("Pennpetro" or the "Company") 

Extension of Reporting Deadline

Further to the Financial Conduct Authority's (FCA) policy statement issued on 26 March 2020, pursuant to which the financial reporting deadline for listed companies has been extended by two months, the Company wishes to confirm that it intends to report its financial results for the year ended 31 December 2019 in accordance with the reporting extension by the end of June 2020. 

The Company's assets are located in the United States of America, which have been subject to government restrictions due to the COVID-19 pandemic for some time. The FCA policy statement, extending the reporting deadline, is therefore welcomed by the Company as a practical solution to take account of the challenges of corporate reporting due to the global impact of COVID-19.

Issue of Additional Equity

The Company further reports that it has converted £2,059,202 in group borrowings and interest into 4,118,404 newly issued shares at the conversion ratio of £0.50 pence per share. These shares are issued to RB Equity Nominees Limited, and application for their listing will be made to the London Stock Exchange. The total number of shares on issue is now 76,452,106.

The above figure of 76,452,106 Ordinary Shares 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 change in interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. 

 

Enquiries:

tme@pennpetroenergy.co.uk

Instinctif Partners

Sarah Hourahane / Pennpetro@instinctif.com / +44 (0)20 7457 2020

 

NOTES TO EDITORS

Pennpetro Energy is an independent oil and gas company focusing on production in the Gonzales Oil Field in Texas, USA. Shares in the company were admitted to the Official List of the London Stock Exchange by way of a Standard Listing on 21 December 2017.

 Further information on the Company can be found at www.pennpetroenergy.co.uk 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCURVNRRNUSOAR
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Date   Source Headline
25th Mar 20241:40 pmRNSNotification of Major Holdings
25th Mar 20247:00 amRNSOperational Update and Director Changes
18th Mar 202412:38 pmRNSNotification of Major Holdings
11th Mar 20243:02 pmRNSNotification of Major Holdings
11th Jan 20243:38 pmRNSResults of AGM
28th Dec 20237:00 amRNSInterim Results for six months ended 30 Sept 2023
11th Dec 20236:11 pmRNSNotice of Annual General Meeting
11th Dec 20237:02 amRNSWorkover Rig Arrives Early Texas Chalk Talk Well
11th Dec 20237:00 amRNSHorse Hill Farmin Update
4th Dec 20237:00 amRNSExcellent Oil Production Statistics in Texas
22nd Nov 20232:07 pmRNSNotification of Major Holdings
21st Nov 20237:00 amRNSOil Production Doubles at Texas Chalk Talk 1H Well
16th Nov 20237:00 amRNSNotification of Major Holdings
14th Nov 20237:00 amRNSChalk Talk 1H Well Texas Production Update
7th Nov 20237:00 amRNSFirst Oil Trucked from Chalk Talk 1H Well in Texas
3rd Nov 20237:30 amRNSRestoration - Pennpetro Energy Plc
3rd Nov 20237:05 amRNSLifting of Suspension
30th Oct 20237:00 amRNSFirst Oil Production from Well in Texas
20th Oct 20238:19 amRNSPublication of Annual Report and Accounts
8th Sep 20237:00 amRNSTexas Oil Production Plans Update
1st Aug 20237:38 amRNSShort delay in Annual Report and Accounts
1st Aug 20237:30 amRNSSuspension - Pennpetro Energy Plc
19th Jul 20237:00 amRNSCompletion of Gonzales oil leases transaction
12th Jul 20233:02 pmRNSModifications to Previously announced Placing
27th Jun 202312:49 pmRNSIncrease in Texas Oil Leases and Placing
2nd May 20237:02 amRNSCorporate Update and Results for 6M (unaudited)
28th Apr 20237:00 amRNSChange of Accounting Reference Date
24th Apr 20237:41 amRNSTexas - Whistling Straits 5H Well Testing Begins
19th Apr 20238:30 amRNSNotification of major holdings
19th Apr 20238:30 amRNSNotification of major holdings
19th Apr 20238:30 amRNSNotification of major holdings
19th Apr 20238:30 amRNSNotification of major holdings
19th Apr 20238:30 amRNSDirector/PDMR Shareholding
14th Apr 20237:00 amRNSWhistling Straits 5H Well Completion Update
12th Apr 202311:28 amRNSWhistling Straits 5H well reaches Total Depth
11th Apr 20237:00 amRNSHydrocarbon Shows in Whispering Straits 5H well
5th Apr 20237:16 amRNSDrilling Ahead in Primary Target Horizontal Level
28th Mar 20239:05 amRNSSecond Price Monitoring Extn
28th Mar 20239:00 amRNSPrice Monitoring Extension
28th Mar 20237:58 amRNSPPP signs farm-in to Drill New Production Well
28th Mar 20237:55 amRNSDirectorate Change
28th Mar 20237:50 amRNSTexas Oil Well – Drilling Operations Commence
28th Mar 20237:47 amRNSPlacing and Subscription to raise £1.5 million
16th Mar 20237:00 amRNSTexas Oil & Gas Joint Venture Commences
21st Nov 20227:01 amRNSBrokers Fee
21st Nov 20227:00 amRNSTunisia Update
6th Oct 20227:00 amRNSOperational Update
30th Sep 20223:49 pmRNSResult of AGM
30th Sep 20227:00 amRNSResults for the 6 months ended 30 June 2022
16th Sep 20224:45 pmRNSNotice of Annual General Meeting
12

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