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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mx Oil Plc | LSE:MXO | London | Ordinary Share | GB00BKRV5441 | 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% | 0.32 | 0.31 | 0.33 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMXO
RNS Number : 9185M
MX Oil PLC
19 October 2016
MX Oil / Ticker: MXO / Index: AIM / Sector: Oil & Gas
19 October 2016
MX Oil plc ("MX Oil' or the 'Company")
Update on Nigerian investment
MX Oil, the AIM quoted oil and gas investing company, is pleased to announce that PR Oil and Gas Limited, the holder of its investment in OML 113, has now received US$1.2 million from the sale of the first production of oil from the Aje Field, which forms part of OML 113.
MX Oil's Chief Executive Officer, Stefan Olivier, said:
"We are very pleased to announce that the first oil production from the Aje Field has been sold and that we have now received our first income from our investment in OML 113. "
* * ENDS * *
For further information please visit www.mxoil.co.uk or contact:
MX Oil PLC Stefan Olivier, CEO +44 20 7571 0473 Cairn Financial Advisers LLP (Nominated Adviser) Jo Turner/James Caithie +44 20 7148 7900 Cornhill Capital (Broker) Nick Bealer +44 20 7710 9612
This information is provided by RNS
The company news service from the London Stock Exchange
END
UPDEAKENFFAKFEF
(END) Dow Jones Newswires
October 19, 2016 02:14 ET (06:14 GMT)
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