16th May 2008 10:19
|
For immediate release |
16 May 2008 |
Rift Oil plc
("Rift" or "the Company")
Re: Share price movement
The Directors of Rift Oil plc today note the movement in the Company's share price.
The Company is drilling the Puk Puk-1 well and as of the 14 May 2008, had reached 68 metres, with significant further drilling required to reach the planned target depth.
On this basis, the Company know of no reason why its share price has moved today.
For further information please contact:
Rift Oil plc
David Lees, Ian Gowrie-Smith 020 7340 9970
Buchanan Communications
Tim Anderson, Isabel Podda 020 7466 5000
RBC Capital Markets
Andrew Smith, Sarah Wharry 020 7653 4000
Related Shares:
Rift Helium