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Change of Registered Office

12th Dec 2013 07:00

RNS Number : 3294V
Andes Energia PLC
12 December 2013
 



 

 

Andes Energia plc

("Andes" or "the Company")

 

Change of Registered Office Address

 

The Board of Andes (AIM: AEN; BCBA: AEN) announces that it has changed its registered office address for the Company to:

 

2nd Floor,

Berkeley Square House,

Berkeley Square,

London,

W1J 6BD,

United Kingdom

 

The Company's telephone number has also changed to: +44 20 7969 1828.

 

All other details remain the same including the Company's website (www.andesenergia.com), which includes the information required by AIM Rule 26.

 

 

For further information please contact:

 

Andes Energia plc

Nicolas Mallo Huergo, Chairman

Alejandro Jotayan, CEO

Billy Clegg, Head of Communications

 

T: +541141105150

 

T: +442079691828

Westhouse Securities

Antonio Bossi

David Coaten

 

T: +442076016100

Buchanan

 

 

Tim Thompson

Ben Romney

T: +442074665000

Note to Editors:

Andes Energia is an oil and gas company focussed on onshore South America with a market capitalisation of circa £150m. The Company has operations in Argentina, Colombia, Brazil and Paraguay, representing three of the largest economies and three of the four largest oil producing nations in South America.

 

The Company has 20MMbbls of conventional 2P reserves in Argentina and certified resources of 600MMBoe, mainly in the Vaca Muerta unconventional formation in Argentina and 7.5million acres across South America.

 

The Company has approximately 2 million net acres in unconventional plays including 213,000 net acres in the Vaca Muerta formation, which is the second largest shale oil deposit in the world and the only producing shale oil deposit outside of the USA. The Vaca Muerta formation already has over 200 wells drilled.

 

The Company currently produces 1,400 bbls per day in Argentina from 7 conventional fields, with positive cashflows generated. Andes Energia, with its partner YPF, has 30 wells planned over the next 12 months, all of which are fully funded.

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