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LOGP Lansdowne Oil & Gas Plc

0.10
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lansdowne Oil & Gas Plc LSE:LOGP London Ordinary Share GB00B1250X28 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.10 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 -364k -0.0003 -3.33 1.19M

Lansdowne Oil & Gas plc Result of AGM (7696E)

20/07/2016 1:58pm

UK Regulatory


Lansdowne Oil & Gas (LSE:LOGP)
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RNS Number : 7696E

Lansdowne Oil & Gas plc

20 July 2016

Lansdowne Oil & Gas plc

Result of Annual General Meeting, retirement of Chairman, John Greenall and appointment of Viscount Torrington as new Chairman of the Board

20 July 2016

Lansdowne Oil & Gas ("Lansdowne" or "the Company"), the independent oil and gas company focussed on offshore Ireland, is pleased to announce that at its Annual General Meeting held earlier today all resolutions were duly approved by shareholders.

Also at the AGM, Lansdowne's Chairman, John Greenall, announced his retirement with immediate effect and the appointment of Viscount Torrington, formerly a Non-Executive Director of Lansdowne, as the new Chairman.

John Greenall commented:

"Now that the immediate problems associated with the Transocean litigation payment have been resolved, it is time to look forward to creating value from our 20% interest in Barryroe, which by any standards is a significant resource with attractive costs of development and production. We have also made reductions in our running costs going forward and with this background, I am announcing my retirement as Chairman and am pleased to announce that (Viscount) Tim Torrington has been appointed to take over the reins. Tim has a wealth of experience in the sector and I wish him well - hopefully in calmer waters".

Viscount Torrington commented:

"On behalf of all Lansdowne Directors and shareholders, I would like to thank Johnny for his insightful leadership for more than 10 years, since Lansdowne's inception. He has worked tirelessly to further the company's interests and we all wish him the very best for his retirement".

For further information please contact:

 
 Lansdowne Oil & Gas plc 
  Steve Boldy                       +353 1 495 9259 
 
 Cantor Fitzgerald Europe 
  Sarah Wharry 
  David Porter                 +44 (0) 20 7894 7000 
 

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGAKKDPBBKDPOB

(END) Dow Jones Newswires

July 20, 2016 08:58 ET (12:58 GMT)

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