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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coro Energy Plc | LSE:CORO | London | Ordinary Share | GB00BDCFP425 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.195 | 0.19 | 0.20 | 0.195 | 0.18 | 0.19 | 19,947,703 | 10:05:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Natural Gas Liquids | 6.71M | -4.12M | -0.0014 | -1.36 | 5.45M |
TIDMCORO
RNS Number : 6809N
Coro Energy PLC
22 May 2020
This announcement contains inside information
22 May 2020
Coro Energy plc
("Coro" or the "Company")
Duyung PSC Acquisition Completion, Indonesia
Coro Energy plc, the Southeast Asian focused upstream oil and gas company, is pleased to announce that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the Duyung PSC (the "PSC Interest") to Coro have now been received. Accordingly, final completion of the acquisition of the PSC Interest by the Company from West Natuna Exploration Ltd has now been achieved.
The license holders of the Duyung PSC are now Conrad Petroleum Ltd (76.5% operated interest), Coro (15% non-operated interest) and Empyrean Energy plc (8.5% non-operated interest).
The Company looks forward to the publication of the revised independent reserve audit report from Gaffney Cline & Associates following the successful appraisal drilling campaign in the fourth quarter of 2019, which is expected to be announced later in the month.
For further information:
Coro Energy plc Via Vigo Communications James Parsons Ltd Cenkos Securities plc (Nominated Adviser) Tel: 44 (0)20 7397 8900 Ben Jeynes Katy Birkin Vigo Communications Ltd (IR/PR Advisor) Tel: 44 (0)20 7390 0230 Patrick d'Ancona Chris McMahon Mirabaud Securities Ltd (Joint Broker) Tel: 44 (0)20 3167 7221 Peter Krens Ed Haig-Thomas Canaccord Genuity Ltd (Joint Broker) Tel: 44 (0)20 7523 4617 Henry Fitzgerald-O'Connor James Asensio
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
May 22, 2020 02:00 ET (06:00 GMT)
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