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SC72 Licence Extension

9th Jul 2014 10:21

RNS Number : 8480L
Forum Energy Plc
09 July 2014
 

 

FORUM ENERGY PLC("Forum Energy" or the "Company")SC72 Licence ExtensionForum Energy, the UK incorporated oil and gas exploration and production company with a focus on the Philippines, today confirms that the Philippine Department of Energy has granted the Company's request for an extension to the second sub-phase of Service Contract 72 ("SC72").The deadline for completion of the second sub-phase, comprising the drilling of two appraisal wells, has now been extended by one year to 15 August 2016;Further details regarding the Company's plans for SC72 will be made in due course, as and when appropriate.For further information please contact:Forum Energy PlcAndrew Mullins, Tel: +44 (0) 1932 445 344Executive Director & Company SecretaryExecution Noble & Company, trading as Espirito Santo Investment Bank (Nominated adviser)Harry Stockdale Tel: +44 (0) 207 456 9191Or visit the Company's website:www.forumenergy.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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