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BLOCK LISTING SIX MONTHLY RETURN

27th Nov 2009 07:00

RNS Number : 1715D
Maple Energy plc
27 November 2009
 



27 November 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: 30 May 2009

To: 27 November 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:  30,000 ordinary shares 

Balance under scheme not yet issued or

allotted at the end of the return period: 4,721,948 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: 89,494,987 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

LimaPeru

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

Schuyler Evans

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 and natural gas
Refining, marketing and distribution of hydrocarbon products
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. 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;
Ethanol Project. Project developer and major shareholder in an estimated US$ 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 San Roque and Cashiboya Deep prospects  and the new shale gas opportunity; and- 33.77% working interest in the Aguaytía Deep Prospect in Block 31-C.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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