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8 May 2012 07:00
For Immediate Release | 8 May 2012 |
GOLD OIL PLC
("Gold Oil" or the "Company")
Peru Block Z34 - Farm Out Update
Gold Oil, the AIM-listed oil and gas exploration and production company, (AIM: GOO), with a primary focus on opportunities in Latin America, is pleased to provide the following update to its plans to seek a farm out partner(s), for its interest in Block Z34, offshore Peru.
Gold Oil has received expressions of interest from a number of potential farminees following the planned date for receiving bids for acquiring equity in the block. The Company will now progress discussions with interested parties with a view to firming up proposals and deciding on the next steps
For further information on the Company, visit www.goldoilplc.com or contact:
Gold Oil Plc: | |
Richard Mew - CEO | Tel: +44 (0) 203 427 5089 |
Seymour Pierce Ltd (Nomad and Joint Broker): | |
Jonathan Wright / Stewart Dickson (Corporate Finance) | Tel: +44 (0) 20 7107 8000 |
Richard Redmayne / David Banks (Corporate Broking) | |
FirstEnergy Capital LLP (Joint Broker): | |
Hugh Sanderson / Travis Inlow | Tel: + 44 (0) 20 7448 0200 |
Buchanan (Financial PR) | |
Tim Thompson/Ben Romney/Helen Chan | Tel: +44 (0) 20 7466 5000 |
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