29th Jul 2013 14:36
Trap Oil Group plc
("Trapoil" or the "Company")
Director's Dealing
Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, was notified on 26 July 2013 of the following purchase of ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") made on the same day by a director of the Company:
Director | Number of Ordinary Shares purchased | Price paid per Ordinary Share (pence) | Resultant holding of Ordinary Shares | % of issued share capital |
Mr. Scott Richardson Brown, Finance Director | 180,000 | 11.00 | 730,000 | 0.321% |
Enquiries:
Trap Oil Group plc
| Mark Groves Gidney, CEO
| Tel: 020 3170 5586 www.trapoil.com
|
Strand Hanson Limited | James Harris Matthew Chandler James Spinney
| Tel: 020 7409 3494 |
Mirabaud Securities LLP | Peter Krens
| Tel: 020 7321 2508 |
FirstEnergy Capital LLP | Hugh Sanderson David van Erp
| Tel: 020 7448 0200
|
Cardew Group | Shan Shan Willenbrock Lauren Foster
| Tel: 020 7930 0777 |
**ENDS**
Notes to editors:
·; The Group was created in 2008 by a team of experienced industry executives with a broad range of oil and gas technical, operational and financial expertise and professional skills.
·; Trapoil has developed long term relationships with key oil industry partners and major suppliers and consultants including CGG (UK) Limited ("CGG"), Applied Drilling Technology International and Exploration Geosciences Limited.
·; The Company utilises a research-led, knowledge-based approach to identify and deliver promising exploration and appraisal opportunities, and to this end has secured extensive long-term access to CGG's state of the art 3D seismic database over the majority of the Central North Sea area on negotiated terms. CGG is a leading pure-play geophysical services and equipment provider. Access to such 3D seismic data serves to strengthen the Group's ability to create opportunities on both open and held acreage in the UKCS.
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