24th Aug 2018 12:23
24 August 2018
MX Oil / Ticker: MXO / Index: AIM / Sector: Oil & Gas
MX Oil plc ("MX Oil" or the 'Company')
Licence renewal
MXO plc, an oil and gas investing company listed on AIM, is pleased to announce that the operator of the offshore licence in Nigeria, OML 113, in which it has an investment, has received consent from the Minister of Petroleum Resources for its renewal for another term of 20 years. The renewal is subject to the satisfaction of certain conditions, including a commitment to develop the gas potential of the licence.
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For further information please visit www.mxoil.co.uk or contact:
MX Oil PLC Stefan Olivier, CEO |
+44 20 7710 9618
|
Cairn Financial Advisers LLP (Nominated Adviser) Jo Turner/James Caithie
|
+44 20 7213 0880
|
Cornhill Capital (Broker) Daniel Gee
|
+44 20 7710 9612
|
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