Following inquiries from shareholders, the Company is pleased to clarify its reserves, contingent resources and oil-in-place data in respect of the Goudron Field in Trinidad.

The Company's announcement dated 24 March 2014 in respect of the Goudron Field, referred to a "30 well re-development programme designed to access the existing 7 million barrels of proven and probable reserves and to provide data to assist in the design of a secondary recovery scheme (water flood) to access some of the estimated 60 million barrels of contingent resources attributed to the field."

Tags: Leni Gas & Oil Plc