FORUM ENERGY PLC July 09 2014
SC72 Licence Extension
Forum 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 Plc
Andrew Mullins, Tel: +44 (0) 1932 445 344
Executive Director & Company Secretary
Execution Noble & Company, trading as Espirito Santo Investment Bank (Nominated adviser)
Harry Stockdale Tel: +44 (0) 207 456 9191
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 Plc
Andrew Mullins, Tel: +44 (0) 1932 445 344
Executive Director & Company Secretary
Execution Noble & Company, trading as Espirito Santo Investment Bank (Nominated adviser)
Harry Stockdale Tel: +44 (0) 207 456 9191
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