16th Apr 2009 14:21
For immediate release
16 April 2009
FORUM ENERGY plc
("Forum" or the "Company")
Annual General Meeting
Forum announces that, at its annual general meeting held early today, all resolutions put to the meeting were duly passed.
About Forum
The Company's principal asset is a 70% interest in GSEC101, an offshore petroleum licence situated west of Palawan Island in the South China Sea. In 2006, results from a 248-square kilometre 3D seismic survey over the licence area indicated 3.4TCF gas-in-place (GIP).
In 2008 Philex Mining Corporation, a company listed on the Philippine Stock Exchange, acquired an effective 61.44% controlling stake (held directly and indirectly) in the Company through a tender offer for all shares at 48 pence per share, which expired in September 2008.
The Company's shares are traded on the Alternative Investment Market (AIM) of the London Stock Exchange under the symbol FEP.
For further information please contact:
Forum Energy Plc Tel: +44 (0)1932 445 344
Andrew Mullins,
Executive Director
Company Secretary
Noble & Company Ltd (Nominated Adviser & Broker) Tel: +44 (0)20 7763 2200
Brian Stockbridge
Or visit the Company's website:
www.forumenergyplc.com
Related Shares:
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