24 Jan 2020 07:00
Attis Oil & Gas Ltd / Index: AIM / Epic: AOGL/ ISIN: VGG6622A1057 / Sector: Oil and Gas
24 January 2020
Attis Oil & Gas Ltd ('the Company')
Board Change
Attis Oil & Gas Limited ("Attis") today announces that Russell Lamming has resigned as a Non-Executive Director of the Company with immediate effect. Mr Lamming's resignation follows the Company's announcement on 2 January 2020 that it has entered into a binding Memorandum of Understanding with a North American focussed oil and gas company in relation to the potential acquisition of that company (the "Proposed Transaction"). Mr Lamming supports, and will be voting his 5.5% shareholding in favour of, the Proposed Transaction.
Attis will provide further updates regarding the Proposed Transaction in due course.
**ENDS**
For further information visit www.attisog.com or contact the following:
Thom Board | Attis Oil & Gas Ltd | +44 20 7236 1177 |
Paolo Amoruso | Attis Oil & Gas Ltd | + 1 713 869 1544 |
Roland Cornish | Beaumont Cornish Ltd | +44 20 7628 3396 |
James Biddle | Beaumont Cornish Ltd | +44 20 7628 3396 |
Frank Buhagiar | St Brides Partners Limited | +44 20 7236 1177 |
Megan Dennison | St Brides Partners Limited | +44 20 7236 1177 |
Colin Rowbury | Novum Securities Limited | +44 20 7399 9400 |
About Us
Attis Oil & Gas Ltd is an AIM-traded (London Stock Exchange) North American-based energy company. It is actively pursuing a primary recovery oil strategy focused on re-stimulating wells within mature producing basins with immediate cash flow from projects that are shallow, low risk with low levels of capex and infrastructure already in place. Attis is also seeking to develop new drill opportunities within both existing & new acreage.
AOGL.L (AOGL)