RNS Number : 6819C
Trap Oil Group plc
03 May 2012
Trap Oil Group plc
("Trapoil" or the "Company")
Result of Annual General Meeting
Trapoil (AIM: TRAP), the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces that the resolutions proposed at the Annual General Meeting ("AGM") held earlier today, as set out in the notice dated 5 April 2012, were all duly approved by shareholders.
A copy of the presentation made to shareholders attending today's AGM is available to download from the Company's website, www.trapoil.com.
Trap Oil Group plc Mark Groves Gidney, Tel: 0203 170 5586
Strand Hanson Limited James Harris Tel: 0207 409 3494
Mirabaud Securities Peter Krens Tel: 0207 321 2508
Cardew Group Tim Robertson Tel: 0207 930 0777
Shan Shan Willenbrock email@example.com
Notes to editors:
-- The Trapoil group was created in 2008 by a team of experienced industry executives with a broad range of oil and gas technical, operational and financial expertise and professional skills.
-- Trapoil has developed long term relationships with key oil industry partners, notably Suncor Energy Incorporated, Norwegian Energy Company ASA and Challenger Minerals (North Sea) Limited, and major suppliers and consultants including CGGVeritas Services (UK) Limited ("CGGVeritas"), Applied Drilling Technology International and Exploration Geosciences Limited.
-- The Company utilises a research-led, knowledge-based approach to identify and deliver promising exploration and appraisal opportunities, and to this end has secured extensive long-term access to CGGVeritas' state of the art 3D seismic database over the majority of the Central North Sea area on negotiated terms. CGGVeritas is a leading pure-play geophysical services and equipment provider. Access to such 3D seismic data serves to strengthen the group's ability to create opportunities on both open and held acreage in the UKCS.
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