LGO Energy PLC Appointment of Joint Broker (5937B)
April 05 2017 - 2:00AM
UK Regulatory
TIDMLGO
RNS Number : 5937B
LGO Energy PLC
05 April 2017
For Immediate Release, Embargoed until 7 am
5 April 2017
LGO ENERGY PLC
("LGO" or the "Company")
Appointment of Joint Broker
LGO, the AIM listed oil company with reserves, resources and
production onshore Trinidad, is pleased to announce that it has
appointed VSA Capital ("VSA") as its joint corporate broker with
immediate effect.
Neil Ritson, LGO Chairman and Chief Executive, commented:
"We are delighted to team up with VSA who advised us on the
recent fundraising in support of the gathering momentum in LGO's
Trinidad oil production business. VSA have a proven track record of
working successfully with E&P companies to drive shareholder
value. Our recent return to development drilling at Goudron and the
work we are doing to put the Bonasse Oilfield on production sees us
targeting significant production growth in 2017."
Andrew Monk, VSA's Chief Executive, commented:
"VSA will be actively looking at ways to add to the momentum
already building in the Company as it repositions itself after the
historic difficulties which are now well behind them. VSA have been
working with LGO for about 8 weeks and we are beginning to see
significantly more interest in LGO's projects in Trinidad."
Beaumont Cornish Limited continues as the Company's joint broker
and nominated adviser.
Enquiries:
LGO Energy plc +44 (0) 203 794 9230
Neil Ritson/ Fergus Jenkins
Beaumont Cornish Limited +44 (0) 20 7628 3396
Nomad
Roland Cornish/Rosalind
Hill Abrahams
VSA Capital +44 (0) 20 3005 5000
Corporate Broker
Andrew Monk/Andrew Raca
Camarco +44 (0) 20 3757 4983
Public and Investor Relations
Gordon Poole/Billy Clegg
This information is provided by RNS
The company news service from the London Stock Exchange
END
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