TIDMLOGP

RNS Number : 6949D

Lansdowne Oil & Gas plc

29 October 2020

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).

30 October 2020

Lansdowne Oil & Gas plc

("Lansdowne" or the "Company")

Barryroe Farm-out (SEL1/11)

Extension of Exclusivity with SpotOn Energy

Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, notes the announcement today by Providence Resources P.l.c., ("Providence") that the period of exclusivity with SpotOn Energy will be extended to 30 November 2020 to facilitate finalisation of the Barryroe Farm-Out documentation. As noted by Providence in their announcement the farmout is structured to ensure that the development is fully funded and includes an Early Development Scheme (EDS) work programme for the Barryroe oil and gas field located in Standard Exploration Licence 1/11.

For further information please contact:

 
 Lansdowne Oil & Gas plc                    +353 1 963 1760 
 Steve Boldy 
 
 SP Angel Corporate Finance LLP        +44 (0) 20 3470 0470 
 Nominated Adviser and Joint Broker 
 Stuart Gledhill 
 Richard Hail 
 
 
 Brandon Hill Capital                  +44 (0) 20 3463 5061 
 Joint Broker 
 Oliver Stansfield

Notes to editors:

About Lansdowne

Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.

For more information on Lansdowne, please refer to www.lansdowneoilandgas.com .

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.

END

MSCEAAENASLEFAA

(END) Dow Jones Newswires

October 30, 2020 03:00 ET (07:00 GMT)

Lansdowne Oil & Gas (LSE:LOGP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Lansdowne Oil & Gas Charts.
Lansdowne Oil & Gas (LSE:LOGP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Lansdowne Oil & Gas Charts.