Business
Highlights of comments made at AGM 21 June 2017
Highlights of comments made at AGM 21 June 2017.
About this update from Clontarf Energy Plc
[{"type":"text","content":"\n \nRNS Number : 7447I Clontarf Energy PLC 21 June 2017 \n\n \n \n21st June 2017\n \nClontarf Energy plc\n(\"Clontarf\" or \"the Company\")\n \nHighlights of Comments Made at the AGM of Clontarf Energy, London, 21st June 2017\n \n \n· Progress has been made in Ghana, over the past year, as updated by RNS dated 8th June, where Clontarf holds a 60% interest in the Tano 2A concession. There is a resolve on both sides to reach a conclusion. Discussions are ongoing.\n \n· Advances have been made in Peru where Clontarf holds a 3% revenue royalty on offshore Block 183. Union Oil, the block operator, is working through the environmental permits and other issues required prior to a drilling decision. The area has seen discoveries in recent times while there is a deficit in energy supplies to local cities.\n \n· The recent award of Block 18 offshore Equatorial Guinea offers an entry into the rapidly evolving offshore West Africa oil province. Detailed discussions on terms will begin shortly.\n \n· &...