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Pin to quick picksPennpetro Energy Regulatory News (PPP)

  • This share is currently suspended. It was suspended at a price of 9.55

Share Price Information for Pennpetro Energy (PPP)

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Lifting of Suspension

3 Nov 2023 07:05

RNS Number : 2604S
Pennpetro Energy PLC
03 November 2023
 

Pennpetro Energy PLC

("Pennpetro" or the "Company")

 

Lifting of Suspension

London, 3 November 2023 - Pennpetro, an independent oil and gas company focusing on production in the Gonzales Oil Field in Texas, USA, today announces that following the uploading of its Annual Report to the NSM (National Storage Mechanism) in the required format, it has now requested the restoration of trading in the Company's securities, which is expected to take place at 08:00 3rd November 2023.

 

A further announcement will be made confirming the time, date and location of the general meeting.

 

For further information visit www.pennpetroenergy.co.uk or follow us on twitter @pennpetro or contact:

 

Pennpetro Energy PLC:

Tom Evans, CEO

 

David Lenigas, Chairman

 

tme@pennpetroenergy.com

 

+44 (0) 7881825378

lenigas@monaco-capital.com

Brokers:

Zeus Capital

Simon Johnson

 

+44 (0) 207 614 5900

Peterhouse Capital Limited

Lucy Williams

Duncan Vasey

+44 (0) 20 7469 0930

+44 (0) 20 7220 9797

 

Flagstaff Strategic and Investor Communications

Tim Thompson

Alison Allfrey

Anna Probert

+44(0) 207 129 1474

pennpetro@flagstaffcomms.com

 

 

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 with the ticker symbol "PPP".

 

Its wholly owned subsidiary, Nobel Petroleum USA Inc. has a 100% Working Interest in 2,036.38 acres in Gonzales County in Texas. These acres include the Whistling Straits #5 well and the Chalk Talk #1H and #4H wells. Noble also has a Participation, Development and Option Agreement and Joint Operating Agreement with Texas based Millennium PetroCapital Corporation over a 250,000-acre Area of Mutual Interest in Gonzales County, Texas, aimed at exploiting the prolific proven Austin Chalk oil and gas play. Pennpetro Energy has also recently signed a conditional binding agreement to conduct a new 3D seismic survey on the Horse Hill Oil Field near London's Gatwick Airport which paves the way to drilling the next production well (HH-3) for 49% of the revenue of this proposed well.Further information on the Company can be found at www.pennpetroenergy.co.uk

 

IMPORTANT NOTICE - FORWARD-LOOKING STATEMENTS

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts and involve predictions. Forward-looking statements may and often do differ materially from actual results. In addition, even if results or developments are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods. Any forward-looking statements reflect the Group's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies and the industry in which it operates. Forward-looking statements speak only as of the date they are made and cannot be relied upon as a guide to future performance.

 

 

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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MSCNKBBPFBDDQDK
Date   Source Headline
1st Nov 20243:23 pmRNSDirector Changes
28th Oct 202412:18 pmRNSYear End Accounts Update
25th Sep 202410:18 amRNSDirector Change
16th Aug 20242:21 pmRNSPlacing
13th Aug 202411:24 amRNSAppointment of New Company Secretary
1st Aug 20248:04 amRNSSale and Purchase Agreement on Texas Oil Assets
1st Aug 20247:58 amRNSPlacing
1st Aug 20247:57 amRNSTemporary Suspension of Listing
1st Aug 20247:30 amRNSSuspension - Pennpetro Energy Plc
22nd Jul 20247:00 amRNSGlobalvision Drilling Contractor Texas Oil Wells
18th Jul 202411:30 amRNSNotification of Major Holdings
17th Jul 20241:45 pmRNSNotification of Major Holdings
17th Jul 20241:41 pmRNSRevenue Deal Signed and 50/50 Lithium and Gas J.V
11th Jul 20249:01 amRNSNotification of Major Holdings
28th Jun 202411:18 amRNSNotification of Major Holdings
27th Jun 20242:57 pmRNSNotification of Major Holdings
18th Jun 20249:04 amRNSNotification of Major Holdings
28th May 20242:55 pmRNSNotification of Major Holdings
24th May 20248:22 amRNSNotification of Major Holdings
15th Apr 20242:07 pmRNSNotification of Major Holdings
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10th Apr 20244:15 pmRNSNotification of Major Holdings
10th Apr 20242:00 pmRNSNotification of Major Holdings
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

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