The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).
08 February 2021
Lansdowne Oil & Gas plc
("Lansdowne" or the "Company")
Barryroe Site Survey
Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, welcomes the announcement of government approval to undertake a site survey on the Barryroe Field.
Providence Resources P.l.c., the Operator of Barryroe, announced today that government approval has been received to conduct a seabed and shallow geophysical survey and an environmental baseline and habitat assessment survey, at the K-Site location, Barryroe, North Celtic Sea, South West Coast within Standard Exploration Licence 1/11 ("SEL 1/11").
Steve Boldy, CEO of Lansdowne Oil & Gas commented:
"We welcome the news of the approval to conduct the site survey on the Barryroe Field. Barryroe holds substantial resources of both oil and gas and can play a significant role in ensuring security of energy supply for Ireland for many years to come."
For further information please contact:
Lansdowne Oil & Gas plc |
+353 1 963 1760 |
Steve Boldy |
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SP Angel Corporate Finance LLP |
+44 (0) 20 3470 0470 |
Nominated Adviser and Joint Broker |
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Stuart Gledhill |
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Richard Hail |
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Brandon Hill Capital |
+44 (0) 20 3463 5061 |
Joint Broker |
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Oliver Stansfield |
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Notes to editors:
About Lansdowne
Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.
For more information on Lansdowne, please refer to www.lansdowneoilandgas.com.