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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Phoenix Global Resources Plc | LSE:PGR | London | Ordinary Share | GB00B7LHJ340 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.50 | 5.00 | 8.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPGR
RNS Number : 5643Z
Phoenix Global Resources PLC
15 December 2017
15 December 2017
Phoenix Global Resources plc
("Phoenix" or the "Company")
Interoil Demerger Update
Following the Reduction of Capital becoming effective yesterday, the Interoil Demerger will not complete today as anticipated in the expected timetable of events on page 5 of the circular published by the Company on 7 November 2017.
The Board will update Shareholders as soon as practicable regarding the completion of the Interoil Demerger.
For further information, please contact:
Phoenix Global Anuj Sharma, T: +54 11 5258 Resources plc CEO 7500 Philip Wolfe, T: +44 20 7839 CFO 4974 Stockdale Securities Antonio Bossi T: +44 20 7601 Ed Thomas 6100 Panmure Gordon Adam James T: +44 20 7886 Atholl Tweedie 2500 Camarco Billy Clegg T: +44 20 3757 Gordon Poole 4980 James Crothers
Capitalised terms used but not defined in this announcement have the same meaning as in the Circular published by the Company on 7 November 2017 and available on its website at www.phoenixglobalresources.com
About Phoenix
Phoenix Global Resources is a London Stock Exchange (AIM: PGR) and Buenos Aires Stock Exchange (BCBA: PGR) listed independent Argentina focused oil and gas exploration and production company. The Company has over 6.3 million licensed working interest acres in Argentina (of which over 5 million are operated), 61.7 million boe of working interest 2P reserves and average production of approximately 11,300 working interest boepd in 2016. Phoenix has significant exposure to the unconventional opportunity in Argentina through its 480,000 working interest acres with Vaca Muerta potential.
The Company's website is www.phoenixglobalresources.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 15, 2017 11:55 ET (16:55 GMT)
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