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Annual Financial Report

18 Apr 2012 07:00

RNS Number : 5429B
Trap Oil Group plc
18 April 2012
 



 

Trap Oil Group plc

("Trapoil" or the "Company")

 

Annual Report and Financial Statements 2011

 

Trapoil (AIM: TRAP), the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce that its Annual Report and Financial Statements for the period ended 31 December 2011 have been posted to shareholders and are also available to download from the Company's website at www.trapoil.com.

 

 

Enquiries:

 

Trap Oil Group plc

 

 

Mark Groves Gidney, CEO

 

 

Tel: 0203 170 5586

www.trapoil.com

 

Strand Hanson Limited

James Harris

Matthew Chandler

James Spinney

 

Tel: 0207 409 3494

Mirabaud Securities LLP

Peter Krens

 

Tel: 0207 321 2508

Cardew Group

Tim Robertson

Shan Shan Willenbrock

Lauren Foster

 

Tel: 0207 930 0777

trapoil@cardewgroup.com

**ENDS**

 

Notes to editors:

 

·; The Trapoil group was created in 2008 by a team of experienced industry executives with a broad range of oil and gas technical, operational and financial expertise and professional skills.

 

·; Trapoil has developed long term relationships with key oil industry partners, notably Suncor Energy Incorporated, Norwegian Energy Company ASA and Challenger Minerals (North Sea) Limited, and major suppliers and consultants including CGGVeritas Services (UK) Limited ("CGGVeritas"), Applied Drilling Technology International and Exploration Geosciences Limited.

 

·; The Company utilises a research-led, knowledge-based approach to identify and deliver promising exploration and appraisal opportunities, and to this end has secured extensive long term access to CGGVeritas' state of the art 3D seismic database over the majority of the Central North Sea area on negotiated terms. CGGVeritas is a leading pure-play geophysical services and equipment provider. Access to such 3D seismic data serves to strengthen the group's ability to create opportunities on both open and held acreage in the UKCS.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACSUBVRRUUASAUR

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