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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Jersey Oil and Gas PLC       GB00B3Q57427

JERSEY OIL AND GAS PLC
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Trap Oil Group PLC : Annual Financial Report

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04/12/2013 | 08:36am CET

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Trap Oil Group plc

("Trapoil" or the "Company")

Posting of 2012 Annual Report and Financial Statements

Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces that further to the release on 28 March 2013 of its final results for the year ended 31 December 2012, its full Annual Report and Financial Statements are now available to download from the Company's website at: www.trapoil.com and have today been posted to those shareholders who have elected to receive hardcopy shareholder communications from the Company.

Enquiries:

Trap Oil Group plc

Mark Groves Gidney, CEO

Tel:  0203 170 5586

www.trapoil.com

Strand Hanson Limited

James Harris

Matthew Chandler

James Spinney

Tel:  0207 409 3494

Mirabaud Securities LLP

Peter Krens

Tel:  0207 321 2508

FirstEnergy Capital LLP

Hugh Sanderson

David van Erp

Tel:  0207 448 0200

Cardew Group

Shan Shan Willenbrock

Lauren Foster

Tel:  0207 930 0777

[email protected]

**ENDS**

Notes to editors:

·      The Group was created in 2008 by a team of experienced industry executives with a broad range of oil and gas technical, operational and financial expertise and professional skills.

·      Trapoil has developed long term relationships with key oil industry partners and major suppliers and consultants including CGGVeritas Services (UK) Limited ("CGGVeritas"), Applied Drilling Technology International and Exploration Geosciences Limited.

·      The Company utilises a research-led, knowledge-based approach to identify and deliver promising exploration and appraisal opportunities, and to this end has secured extensive long term access to CGGVeritas' state of the art 3D seismic database over the majority of the Central North Sea area on negotiated terms. CGGVeritas is a leading pure-play geophysical services and equipment provider.  Access to such 3D seismic data serves to strengthen the Group's ability to create opportunities on both open and held acreage in the UKCS.


This information is provided by RNS
The company news service from the London Stock Exchange
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Financials ( GBP)
Sales 2017 -
EBIT 2017 -1,70 M
Net income 2017 -1,70 M
Finance 2017 23,8 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 0
EV / Sales 2018 0
Capitalization 39,0 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 3,30  GBP
Spread / Average Target 85%
Managers
NameTitle
Andrew Benitz Chief Executive Officer & Executive Director
Marcus John Gregory Stanton Non-Executive Chairman
Ronald Lansdell Chief Operating Officer & Executive Director
Scott James Richardson Brown Executive Director & Finance Director
Satinder Purewal VP-Technical & Reservoir Engineering
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