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18 Month Extension of Blythe and Skipper Licences

Source: www.gulfoilandgas.com 3/3/2014, Location: Europe

Further to the update of 7th February 2014, the Board of Independent Oil and Gas plc, the North Sea focused Oil and Gas Company, is pleased to confirm that the Blythe and Skipper licences have been extended by 18 months to 31st September 2015. Alpha Petroleum Resources Ltd operates the Blythe and Skipper licences in which IOG has a 50% interest.

Mark Routh, CEO of IOG said:
"Removing all uncertainty relating to expiry of these licences is an expected but still significant step for IOG. We look forward to updating the market on our progress with these and our other assets in due course."

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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