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F.O. Licht 2012 Ethanol Latin America Conference

3rd Dec 2012 07:00

RNS Number : 5321S
Maple Energy plc
03 December 2012
 



 

3 December 2012

 

 

MAPLE ENERGY PLC

 

("Maple" or the "Company")

 

Presentation at F.O. Licht's 2012 Ethanol Latin America Conference in Peru

 

 

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, is pleased to announce that the F.O. Licht Ethanol Latin America conference for 2012 will be held for the first time in Peru, in the city of Piura from 3 December through 5 December 2012, and will include a visit to Maple's Ethanol Plant as well as a presentation by Maple at the conference.

 

F.O. Licht is a leading analyst of global markets for ethanol, biofuels, and sugar and organizes market-leading international conferences. F.O. Licht's Ethanol Latin America conference provides a unique opportunity to hear the latest from ethanol producers, buyers, and industry leaders from across Latin America and the rest of the world.

 

 

 

Rex Canon, CEO of Maple Energy, commented today:

"We are very pleased that the F.O. Licht Ethanol Latin America conference will be held in Peru near Maple's ethanol operations. This conference is one of the most important ethanol conferences in Latin America. It is an important recognition of Peru's significant and emerging new ethanol industry as well as a great opportunity to showcase Maple's ethanol operations."

 

For further information, please contact:

 

Maple Energy plc (+ 51 1 611 4000)

Rex W. Canon, Chief Executive Officer, President, and Executive Director

 

Cenkos Securities plc (+44 20 7397 8900)

Jon Fitzpatrick

Ken Fleming

 

Buchanan (+44 20 7466 5000)

Mark Edwards

Ben Romney

 

Forward-Looking Statements

Statements contained in this document, particularly those regarding possible, projected, or assumed future performance and results, including growth outlook, forecasted economics, operations, production, contracting, costs, prices, earnings, returns, and potential growth, are or may include forward looking statements. Such statements relate to future events and expectations and as such involve known and unknown risks and uncertainties. These risks and uncertainties include, among other things, market conditions, weather risks, economic and political risks, and other factors discussed in Maple's Admission Document available on the Company's website (www.maple-energy.com). Forward-looking statements are not guarantees of future performance or an assurance that Maple's current assumptions and projections are valid. Actual results, actions, and developments may differ materially from those expressed or implied by those forward-looking statements depending on a variety of factors. Furthermore, any forward-looking statements presented are expressed in good faith and are believed to have a reasonable basis as of the date of this release. These forward-looking statements speak only as at the date of this release, and Maple does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

 

About Maple Energy and its subsidiaries

Maple is an integrated independent energy company, listed in London and Lima, with subsidiary assets and operations in Peru engaging in numerous aspects of the energy industry, including:

·; The development and operation of an ethanol business;

 

·; Exploration and production of crude oil and natural gas; and

·; Refining, marketing, and distribution of hydrocarbon products.

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 majority-owned subsidiaries. Principal operations consist of the following:

·; Ethanol Business. Operator and owner of an ethanol business located in the Piura Region on the north coast of Peru;

 

·; 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; and

·; Oil and Gas Exploration. Exploration opportunities through a:

- 100% working interest in Block 31-E; 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
 
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