REG - Clontarf Energy PLC - Highlights of comments made at AGM 21 June 2017 <Origin Href="QuoteRef">CLON.L</Origin>

Clontarf EnergyAnnouncement

21/06/2017 11:20

RNS Number : 7447I
Clontarf Energy PLC
21 June 2017
 
21st June 2017
Clontarf Energy plc
("Clontarf" or "the Company")
Highlights of Comments Made at the AGM of Clontarf Energy, London, 21st June 2017
 Progress has been made in Ghana, over the past year, as updated by RNS dated 8th June, where Clontarf holds a 60% interest in the Tano 2A concession. There is a resolve on both sides to reach a conclusion. Discussions are ongoing.
 Advances have been made in Peru where Clontarf holds a 3% revenue royalty on offshore Block 183. Union Oil, the block operator, is working through the environmental permits and other issues required prior to a drilling decision. The area has seen discoveries in recent times while there is a deficit in energy supplies to local cities.
 The recent award of Block 18 offshore Equatorial Guinea offers an entry into the rapidly evolving offshore West Africa oil province. Detailed discussions on terms will begin shortly.
 The directors have ongoing discussions with parties interested in bringing projects and finance to Clontarf Energy.
All resolutions were passed at the meeting.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
ENDS

For further information please visit http://clontarfenergy.comor contact:
Clontarf Energy plc
John Teeling, Chairman +353 (0) 1 833 2833
David Horgan, Director
Nominated Adviser and Broker
Northland Capital Partners Limited
Tom Price / Gerry Beaney (Corporate Finance) +44 (0) 20 3861 6625
John Howes (Broking)
Public Relations
Blytheweigh+44 (0) 207 138 3204
Nick Elwes +44 (0) 783 185 1855 
Camilla Horsfall +44 (0) 787 184 1793
Teneo PSG 
Ciaran Flynn +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055

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