Petroceltic International PLC Operational Update (0041U)
July 24 2015 - 4:01AM
UK Regulatory
TIDMPCI
RNS Number : 0041U
Petroceltic International PLC
24 July 2015
Dublin
24 July 2015
Petroceltic International Plc
Operational Update
Petroceltic International plc (AIM: PCI) ("Petroceltic" or the
"Company"), the oil and gas exploration, development and production
company focused on the North Africa, Mediterranean and Black Sea
regions is pleased to announce the approval by the Council of
Ministers in Algeria on 22 July of the transfer of its interest in
the Isarene Production Sharing Contract in Algeria to its wholly
owned subsidiary company Petroceltic Ain Tsila Limited.
This transfer will become fully effective upon formal gazetting
in the Official Journal of Algeria, which is expected over the
coming weeks.
Ends
For further information, please contact:
Brian O' Cathain /Tom Hickey, Petroceltic International Tel: +353 (1) 421 8300
James Henderson / Rollo Crichton-Stuart, Bell Pottinger Tel: +44 (20) 3772 2500
Douglas Keatinge / Joe Heron, Murray Consultants Tel: +353 (1) 498 0300
John Frain / Roland French, Davy Tel: +353 (1) 679 6363
Notes to Editors:
Petroceltic International plc is a leading Upstream Oil and Gas
Exploration and Production Company, focused on the North Africa,
Mediterranean and Black Sea Regions, and listed on the London Stock
Exchange's AIM Market and the Irish Stock Exchange's ESM Market.
The Company has production, exploration and development assets in
Algeria, Egypt, Italy and Bulgaria.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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