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MXO Mx Oil Plc

0.32
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

MX Oil PLC Update on Nigerian Investment (9185M)

19/10/2016 7:14am

UK Regulatory


Mx Oil (LSE:MXO)
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From Apr 2019 to Apr 2024

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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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