Lansdowne Oil and Gas PLC

Net Asset Value • Sep 24, 2019

National Storage Mechanism | Additional information

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RNS Number : 4671N

Lansdowne Oil & Gas plc

24 September 2019

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).

24 September 2019

Lansdowne Oil & Gas plc

("Lansdowne" or the "Company")

Irish UN Climate Action Speech

Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, notes yesterday evening's announcement at the UN Climate Action Summit by An Taoiseach, Leo Varadkar, which stated the Irish Government's intention to phase out oil exploration licences in the future.

The Company believes that the phasing out only relates to the issuance of future oil licences and the Company presumes that all of the options, licences and leases already in place will be allowed to progress for their full duration.

For further information please contact:

Lansdowne Oil & Gas plc	+353 1 963 1760
Steve Boldy
SP Angel Corporate Finance LLP	+44 (0) 20 3470 0470
Nominated Adviser and Joint Broker
Lindsay Mair
Richard Hail
Stephen Wong
Brandon Hill Capital	+44 (0) 20 3463 5061
Joint Broker
Oliver Stansfield

Notes to editors:

About Lansdowne

Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.

For more information on Lansdowne, please refer to www.lansdowneoilandgas.com 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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