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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0375 | 0.035 | 0.04 | 0.0375 | 0.0375 | 0.0375 | 6,201,309 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 0 | -4.77M | -0.0009 | -0.44 | 2.08M |
From Apr 2019 to Apr 2024
TIDMCLON
RNS Number : 8333R
Clontarf Energy PLC
26 September 2017
26(th) September 2017
Clontarf Energy plc
("Clontarf" or "the Company")
Union Oil Relinquish Block 183 in Peru
The board of Clontarf Energy (AIM: CLON) have been informed that Union Oil (the 80% owner of the concession) have returned to the Peruvian Authorities the licence held on Block 183. They gave as their reason an inability over a 3 year period to obtain the permits, particularly environmental permits, necessary to explore.
Clontarf held a 3% royalty on revenue arising from future operations on the Block. Clontarf will not incur any liabilities as a result of Union Oil's decision but will write off the carrying value of the asset in the financial statements for the year ending 31 December 2017. Block 183 has not been the principal focus of the Company's activities in recent years.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
ENDS
For further information please visit http://clontarfenergy.com or contact:
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This information is provided by RNS
The company news service from the London Stock Exchange
END
STRMMGZLLVDGNZG
(END) Dow Jones Newswires
September 26, 2017 05:16 ET (09:16 GMT)
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