Director/PDMR Shareholding

RNS Number : 0995F

Energean Oil & Gas PLC

25 October 2018

 

Thursday 25^th October 2018

Energean Oil & Gas plc

("Energean" or the "Group")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert William Peck
2	Reason for the notification
a)	Position/status	Independent Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	Energean Oil & Gas plc
b)	LEI	549300RVMKU0CYUZBB5
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification Code	Ordinary shares of 1p each  GB00BG12Y042
c)	Nature of the transaction	Acquisition
c)	Price(s) and volume(s)	Price(s) Volume(s) 605.0014 pence 2975
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	2018-10-22 EST
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries

Energean	Tel: [phone]
Kate Sloan, Head of IR
Camarco (Financial PR)	Tel: [phone]

About Energean Oil & Gas plc

Energean is a London Premium Listed independent FTSE250 E&P company with operations offshore Israel, Greece and the Adriatic. Energean has 349 mmboe of 2P reserves and 48 mmboe of 2C resources across its portfolio.

In August 2017 the Company received Israeli Governmental approval for the FDP for its flagship Karish-Tanin gas development project, where it intends to use an FPSO and produce first gas in 2021. Energean has already signed firm contracts for 4.2 bcma of gas sales into the Israeli domestic market. Future gas sales agreements will focus on both the growing Israeli domestic market and key export markets in the region. In Greece, the Company is pursuing an ongoing investment and development programme to increase production from its Prinos and Prinos North oil fields and to develop the Epsilon oil field, located in the Gulf of Kavala, Northern Greece.

Energean has five exploration licences offshore Israel, and a 25 year exploitation licence for the Katakolo offshore block in Western Greece and additional exploration potential in its other licences in Western Greece and Montenegro.

www.energean.com 

 

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