Scandoil  

Independent Oil and Gas confirms extension of Skipper licence


Published Jan 29, 2016
Independent Oil and Gas plc

Independent Oil and Gas says that following discussions with the UK Oil & Gas Authority, the Skipper Licence P1609 Block 9/21a has been formally extended until 31 December 2016. As previously indicated, IOG intends to drill the appraisal well as soon as economic conditions allow.

Separately, the Company has issued 444,989 new Ordinary Shares to VSA Capital and an independent third party consultant as payment for advisory services received.

Such New Ordinary Shares were issued to VSA and the independent consultant at 8.73p and 8.38p per New Ordinary Share respectively being the Volume Weighted Average Price per Ordinary Share for the periods over which the services were provided.

Tags: Independent Oil and Gas plc




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml