Business
2017 Interim Financial Statements
2017 Interim Financial Statements.
About this update from Corpus Resources Plc
[{"type":"text","content":"\n \nRNS Number : 4639C Curzon Energy PLC 22 January 2018 \n\n22 January 2018\n \nCurzon Energy Plc\n(\"Curzon Energy\" or the \"Company\")\n \n2017 Interim Financial Statements\n \n \nCurzon Energy Plc, an energy company pursuing a targeted acquisition strategy of oil and gas appraisal and development assets, announces that its Interim Financial Statements, for the period ended 30 June 2017, are available on the Company's website (http://www.curzonenergy.com/investor-relations).\n \n \n \nFor further information please contact: \n \n\n\n\n\nCurzon Energy PLC \n\n\nc/o Camarco \n\n\n\n\nStephen Schoepfer / Thomas Wagenhofer\n\n\n+44 20 3757 4980\n\n\n\n\nwww.curzonenergy.com \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSP Angel Corporate Finance LLP \n\n\n+44 20 3470 0470\n\n\n\n\nRichard Hail \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCamarco (Financial PR)\n\n\n+44 20 3757 4980\n\n\n\n\nGeorgia Edmonds / Owen Roberts / Monique Perks\n\n\n\n\n\n\n\n \n \nNotes to Editors:\nCurzon Energy was founded in 2016, with the objective of acquiring oil and gas development and production assets initially in the USA. Its first acquisition is 100% of Coos Bay, c. 45,000 acres of known Coalbed Methane (CBM) Gas accumulations in Coos Bay, Oregon with 2C contingent resources of 273.5BCF, where it intends on implementing a cost effective staged development plan to maximise shareholder value, targeting first gas in Q2 2018. Management intends on building on its attractive asset base in the future, utilising its first mover advantage with further selective value accretive acquisitions. \n \nThe Company is led by an experienced Board and senior management team who have extensive industry and financial experience. Curzon Energy is listed on the LSE Main Market under the ticker CZN.\n \nAbout Coalbed Methane (CBM):\nCoalbed methane gas (CBM), coal seam gas (CSG), or coal-mine methane (CMM) is a form of natural gas extracted from coal beds. It is an unconventional form of natural gas found in coal seams or coal deposits. CBM is generated during the process of coalification which is the transformation of plant material into coal and is contained in the coal microstructure. Typical recovery entails pumping water out of the coal to allow the gas to escape. Methane is the principal component of natura...