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Malta Divestment

13 Aug 2012 15:30

RNS Number : 9136J
Leni Gas & Oil PLC
13 August 2012
 



For Immediate Release

13 August 2012

LENI GAS AND OIL PLC

("LGO" or the "Company")

Malta Divestment

The Company today confirmed that approval has been received from the Minister for Resources and Rural Affairs, in Malta for the assignment of the 10 percent interest in the Area 4 Petroleum Sharing Agreement held by Leni Gas and Oil Investments Limited ("LGOI"), a subsidiary of LGO, to Phoenicia Energy Company Limited, a subsidiary of Mediterranean Oil and Gas plc.

The transaction previously announced on the 1st August 2012 has now been completed.

 

Enquiries:

 

Leni Gas & Oil plc

David Lenigas

Neil Ritson

+44 (0)20 7440 0645

 

Beaumont Cornish Limited

Nomad and Joint Broker

Rosalind Hill Abrahams

Roland Cornish

+44(0) 20 7628 3396

 

Old Park Lane Capital Plc

Joint Broker

Michael Parnes

Luca Tenuta

+44(0) 20 7493 8188

 

Shore Capital

Joint Broker +44 (0) 20 7408 4090

Pascal Keane

Jerry Keen (Corporate Broking)

 

Pelham Bell Pottinger

Financial PR

Mark Antelme

+44 (0) 20 7861 3232

Henry Lerwill

 

 

 

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