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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nu-oil And Gas Plc | LSE:NUOG | London | Ordinary Share | GB00B29T9605 | ORD 0.0001P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0275 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Mar 2020 to Mar 2025
TIDMNUOG
RNS Number : 8504N
Nu-Oil and Gas PLC
14 August 2017
NU-OIL AND GAS PLC
AIM ticker: 'NUOG'
14 August 2017
NU-Oil and Gas plc
("NU-Oil" or "the Company")
Update on Lease PL2002-01(A)
NU-Oil is pleased to announce that it has received informal confirmation from the Department of Natural Resources of the Provincial Government of Newfoundland and Labrador that its application to renew onshore petroleum lease PL2002-01(A), which expired on 11 August 2017, has been approved. The Company expects to receive formal confirmation during the course of today and will provide a further update then.
Enquiries:
NU-Oil and Gas plc
Alan Minty, Executive Chairman Tel: +44 161 817 7460 Nigel Burton, CEO Tel: +44 7785 234447 Beaufort Securities Limited Tel: +44 20 7382 8300
Jon Belliss
Elliot Hance
Strand Hanson Limited
Rory Murphy/Ritchie Balmer Tel: +44 20 7409 3494
www.nu-oilandgas.com
Note to Editors:
NU-Oil and Gas plc is an independent oil and gas company whose strategy is to build a diverse portfolio of assets with a strong emphasis on acquiring interests in stranded and marginal fields. These fields are low risk highly-appraised projects and consequently the Company's entry cost will be low. NU-Oil will look to develop these assets utilising solutions delivered by Marginal Field Development Company (MFDevCo) and the MFD Consortium, which can significantly improve the development economics of a project. This is also expected to enable the early booking of reserves.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCDDGDIRBBBGRX
(END) Dow Jones Newswires
August 14, 2017 02:00 ET (06:00 GMT)
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