29th May 2014 15:55
Trap Oil Group plc
("Trapoil" or the "Company")
Result of Annual General Meeting
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, announces that resolutions 1 to 5 proposed at the Annual General Meeting held earlier today as set out in the Notice of Annual General Meeting dated 2 May 2014 were duly passed. Resolution 6 regarding the disapplication of pre-emption rights was, however, not passed.
A copy of the full presentation made to shareholders attending today's AGM is available to download from the Company's website at www.trapoil.com.
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 |
Notes to editors:
· The Trapoil 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 Services (UK) Limited ("CGG") and Applied Drilling Technology International.
· The Trapoil 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.
Related Shares:
Jersey Oil & Gas plc