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Interim Results Conference Call

22nd Aug 2011 07:00

RNS Number : 7452M
Maple Energy plc
22 August 2011
 



 

22 August 2011

MAPLE ENERGY PLC

("Maple" or the "Company")

 

INTERIM RESULTS CONFERENCE CALL

Monday 22 August 2011

 

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, will today host a conference call in which Rex W. Canon, Chief Executive Officer, and James L. Pontiff, Chief Financial Officer, will present and discuss the Company's results for the six months ended 30 June 2011 which were published via RNS on Thursday, 18 August 2011.

 

Details of the call

 

Date: Monday, 22 August 2011

 

Time: 4:00 p.m. (BST)

10:00 a.m. (Peru)

 

Dial in options: 0800 634 5205 (within the UK)

+1 866 629 2704 (within the US)

+44 208 817 9301 (International including Peru)

 

Pass code: 5456852

 

Call participants will be asked for their full name, company details, and pass code.

 

A recording of the conference call will be available shortly thereafter on Maple's website at www.maple-energy.com.

 

For further information, please contact:

 

Maple Energy plc (+ 51 1 611 4000)

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

 

Jefferies International Limited (+44 20 7029 8000)

Julian Smith

Thomas Rider

 

Citigate Dewe Rogerson (+44 20 7638 9571)

Martin Jackson

Kate Lehane

 

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 of an ethanol project;

·; 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 Project. Project developer and owner of an estimated US$254 million ethanol project 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;

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

- 100% working interest in Block 31-E, containing the new shale gas opportunity; and

- 33.77% working interest in the Aguaytia 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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