29th May 2009 07:00
29 May 2009
MAPLE ENERGY PLC
("Maple" or the "Company")
BLOCK LISTING SIX MONTHLY RETURN
Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, is pleased to announce the following update relating to its block admission of shares to be issued to certain optionholders upon the exercise by such optionholders of options granted pursuant to the Maple Energy Share Option Plan 2007:
Name of applicant: Maple Energy plc
Name of scheme: Maple Energy Share Option Plan 2007
Period of return: From: 16 February 2009
To: 29 May 2009
Balance under scheme from previous return: 4,751,948 ordinary shares
The amount by which the block scheme has
been increased, if the scheme has been
increased since the date of the last return: N/A
Number of securities issued/allotted
under scheme during the period of return: None
Balance under scheme not yet issued or
allotted at the end of the return period: 4,751,948 ordinary shares
Number and class of securities originally
admitted and the date of admission: 75,281,130 ordinary shares of US$0.01
each admitted on 13 July 2007
Total number of securities in issue at
the end of the period: 89,217,054 ordinary shares
Name of contact: Ray Cochard, Chief Financial Officer
Address of contact: Av. Víctor Andrès Belaúnde 147, Vía Principal 140,
Suite 201, Edificio Real Seis, San Isidro, Lima, Peru
Telephone number of contact: + 51 1 611 4000
For further information, please contact:
Maple Energy plc (+ 51 1 611 4000)
Jack W. Hanks, Chairman of the Board and Executive Director
Rex W. Canon, Chief Executive Officer, President and Executive Director
Jefferies International Limited (+44 20 7029 8000)
Jack Pryde
Paul Wheeler
Mirabaud Securities Ltd (+44 20 7321 2508)
Peter Krens
Rory Scott
Citigate Dewe Rogerson (+44 20 7638 9571)
Martin Jackson
George Cazenove
About Maple Energy
Maple is an integrated independent energy company, listed in London and Lima, with assets and operations in Peru engaging in numerous aspects of the energy industry, including:
Exploration and production of crude oil, natural gas and natural gas liquids
Refining, marketing and distribution of hydrocarbon products
Gas-fired power generation and power transmission
The development of an ethanol project
Maple was admitted to AIM on 13 July 2007 and trades under the symbol "MPLE". The company was also admitted to the Lima Stock Exchange on 21 December 2007 where it trades under the same symbol.
Operations
Maple's operations are conducted and revenues are generated through its wholly-owned subsidiaries and equity interest in Aguaytía Energy, LLC, a joint venture in which Maple owns an approximate 17.5% effective economic interest. Maple's principal operations consist of the following:
Crude Oil Production. Operator and holder of 100% working interests in its crude-oil producing properties, Blocks 31-B, 31-D and 31-E
Refining, Marketing and Distribution Operations. Operator of the Pucallpa Refinery and Sales Plant, which has capacity to refine up to (i) 3,400 barrels per day of crude oil producing Residual 5 fuel oil, (ii) 3,000 barrels per day of crude oil producing Residual 6 fuel oil or (iii) 4,100 barrels per day of natural gasolines. This plant also includes sales and distribution operations in the central Peruvian jungle, central Peruvian highlands and Lima regions
Aguaytía Energy Interest. Operator of Aguaytía Energy, LLC's gas assets and holder of an approximate 17.5% effective economic interest in Aguaytía Energy, LLC, an integrated energy company engaged in the production of Block 31-C, gas-fired power generation, power transmission, gas processing, natural gas liquids fractionation, gas and liquids transportation and the marketing of liquid petroleum gas and natural gasolines
Crude Oil Development. Operator and holder of a 100% working interest in the Pacaya Field in Block 31-E as detailed above. Maple also intends to develop up to 31 additional wells in Blocks 31-B and 31-D
Ethanol Project. Project developer and major shareholder in an estimated $222 million (excluding value added taxes) ethanol project located in the Piura Region on the northwest coast of Peru
Oil and Gas Exploration. Significant exploration opportunities through a:
- 100% working interest in Block 31-E, containing the Santa Rosa, San Roque and Cashiboya Deep
prospects and
- significant working interest in the Aguaytía Deep Prospect in Block 31-C
Related Shares:
MPLE.L