3rd Apr 2009 15:13
ENEGI OIL PLC
Trading symbols:
London Stock Exchange: ENEG
Bourse de Luxembourg: GB00B29T9605
03 April 2009
Enegi Oil Plc
('Enegi' or 'the Company')
Share Price Movement
Enegi has noted the recent movement in its share price and confirms that the Board is not aware of any reason for this movement. Further to the Interim Results released on 31 March 2009 the Board continues to look at options. Nothing has changed since that time, one of those options may be to increase flow through alternative techniques which is being explored and would require further investigation and additional capital.
Ends
Enegi Oil Tel: + 44 161 817 7460
Thom Board, CEO
Cenkos Securities Tel: + 44 207 397 8900
Joe Nally
Stephen Keys
Fox-Davies Capital Tel: + 44 207 936 5200
Daniel Fox-Davies
College Hill Tel: + 44 207 457 2020
Nick Elwes
Paddy Blewer
www.enegioil.com
The Company
Enegi Oil Plc is an independent oil and gas group whose objective is the identification, development and operation of hydrocarbon opportunities. The Group's current operations are focused on assets on and around the Port au Port Peninsula in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having previously been discovered there. The Group's assets include Garden Hill South, Shoal Point, Garden Hill Central, Garden Hill North and Lourdes.
Related Shares:
NUOG.L