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CLON Clontarf Energy Plc

0.0405
0.0045 (12.50%)
Last Updated: 09:49:50
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Clontarf Energy Plc LSE:CLON London Ordinary Share GB00B09WLX62 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0045 12.50% 0.0405 0.038 0.043 0.0425 0.036 0.036 144,914,834 09:49:50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -4.77M -0.0009 -0.44 2.08M

Clontarf Energy PLC Proposed Work Programme at Tano Acreage in Ghana (3697M)

12/10/2016 12:00pm

UK Regulatory


Clontarf Energy (LSE:CLON)
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TIDMCLON

RNS Number : 3697M

Clontarf Energy PLC

12 October 2016

12(th) October 2016

Clontarf Energy plc

("Clontarf" or "the Company")

Proposed Work Programme at Tano Acreage in Ghana

The Directors of Clontarf (AIM: CLON) are pleased to announce that, further to the announcement of 19th September 2016, a proposed work programme on the Tano acreage offshore Ghana has been submitted to the Ghanaian authorities in Accra. The new work programme will form part of the ongoing negotiations regarding the terms of acquiring an exploration licence for the Tano Basin acreage.

The Company's directors look forward to providing shareholders with further updates, including specific geological information relating to the new acreage co-ordinates (which are also subject to final agreement) and the subsequent exploration plans, as negotiations progress.

At present, no assurances can be given that the ongoing negotiations will lead to a successful outcome for the Company.

Clontarf's Ghanaian affiliated company, Pan Andean Resources (Ghana) Limited, is a private Ghanaian company held 60% by Clontarf, 30% by Petrel Resources and 10% by local Ghana interests.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

Ends

For further information please visit http://clontarfenergy.com or contact:

Clontarf Energy plc

John Teeling, Chairman +353 (0) 1 833 2833

David Horgan, Director

Nominated Adviser and Broker

Northland Capital Partners Limited

   David Hignell / Gerry Beaney (Corporate Finance)                      +44 (0)20 3861 6625 

John Howes (Broking)

Public Relations

Blytheweigh +44 (0)20 7138 3204

Tim Blythe +44 (0) 7816 924 626

Camilla Horsfall +44 (0) 7871 841 793

Nick Elwes +44 (0) 7831 851 855

Rachael Brooks

Jonathan Garfield

PSG Plus

Colm Heatley +353 (0) 1 661 4055

Alan Tyrrell +353 (0) 1 661 4055

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCKMMMGGZNGVZM

(END) Dow Jones Newswires

October 12, 2016 07:00 ET (11:00 GMT)

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