SNPC Costs Reimbursements
19 September 2019
Anglo African Oil & Gas plc (AIM: AAOG), an independent oil and gas developer, is pleased to provide an update on the repayment of funds owed to the Company by Société Nationale des Pétroles du Congo ('SNPC'), the Congolese national oil company, in regards to SNPC's 44 per cent holding in the Tilapia Licence ('the Licence') in the Republic of the Congo
The Company has received a further payment of US$600,000 from SNPC, which brings the total funds received in 2019 to US$3.956 million.
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
For further information please visit www.aaog.com or contact:
|Anglo African Oil & Gas plc
James Berwick, Chief Executive Officer
|Tel: c/o St Brides Partners
+44 20 7236 1177
|finnCap (Nominated Adviser and Broker)||Tel: +44 20 7220 0500|
|Christopher Raggett, Giles Rolls, Teddy Whiley (Corporate Finance)|
|Camille Gochez (ECM)
|St Brides Partners (Financial PR)||Tel: +44 20 7236 1177|
|Frank Buhagiar, Juliet Earl|