19th Sep 2013 09:00
ENEGI OIL PLC
AIM ticker: 'ENEG'
OTC ticker: 'EOLPF'
19 September 2013
Enegi Oil Plc
('Enegi' or 'the Company')
Director Dealing
The Company has been informed that Dominic Minty has purchased 1,600,000 ordinary shares in the Company from RMRI Plc, which is part of the RMRI group of companies ("RMRI Companies") controlled by Alan Minty, Chairman and Chief Executive Officer of Enegi. The purchase has been made at average price of 9p per share and has been undertaken in an Over the Counter Transaction ("OTC").
Alan Minty has not changed any of his own shareholding and his interest in the Company in his own right and through related parties following this transaction is as follows:
Alan Minty
| 7,608,911 shares |
RMRI Companies | 3,161,377 shares |
Alan Minty's interest in Enegi therefore totals 10,770,288 shares, representing 6.86 per cent of the Company's issued share capital.
Enquiries:
Enegi Oil | Tel: + 44 161 817 7460 |
Alan Minty, CEO | |
Nick Elwes, Director of Communications | |
Cenkos Securities | |
Jon Fitzpatrick | Tel: + 44 207 397 8900 |
Neil McDonald | Tel: + 44 131 220 9771 |
Shore Capital | Tel: +44 207 408 4090 |
Jerry Keen | |
Patrick Castle | |
College Hill | Tel: + 44 207 457 2020 |
Alexandra Roper | |
David Simonson |
www.enegioil.com
Facebook (Enegi Oil PLC)
Twitter (@enegioil)
About Enegi
Enegi Oil Plc is an independent oil and gas company whose strategy is to create an oil and gas company with a diversified portfolio of assets across the E&P value chain. The Company's current portfolio is made up of operations focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada, the Clare Basin in County Clare, Ireland, the UK North Sea and Jordan. The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions. The Clare Basin is located in western Ireland and initial technical studies show that it has the potential to contain shale gas. The Company's licences in the UK North Sea benefit from significant previous exploration investment, and have been selected based on buoy technology operating criteria. The Company has also entered into the highly prospective Dead Sea and Wadi Araba in Jordan with its partner Korea Global Energy Corporation.
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