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LATEST RNS ANNOUNCEMENT
October 30 2014
Trading Update
Forum Energy, the UK incorporated oil and gas exploration and production company with a focus on the Philippines, notes the announcement being made by Philex Petroleum Corporation ("Philex") to the Philippines Stock Exchange today in relation to its financial performance for the nine months ended 30 September 2014.
Because Philex controls approximately 60.5% of Forum Energy (including through FEC Resources Inc), this trading update includes a reference to Forum Energy's revenues.
Accordingly, Forum Energy confirms its unaudited revenues for the 9 months to 30 September 2014 were US$6.1 Million (2013: US$3.4 Million) up 79% year on year, mainly due to the start of production at Phase 2 of the Galoc oil field (SC-14C).
For further information please contact:
Forum Energy Plc
Andrew Mullins, Tel: +44 (0) 208 616 7297
Executive Director
Execution Noble & Company, trading as Espirito Santo Investment Bank (Nominated adviser)
Harry Stockdale Tel: +44 (0) 207 456 9191
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Forum Energy Plc
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CODE : FEP.L |
ISIN : GB00B07C1T48 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Forum Energy est une société de production minière basée au Royaume-Uni. Forum Energy est cotée au Royaume-Uni et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 533,3 millions GBX (837,0 millions US$, 748,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 12 mars 2010 à 99,75 GBX, et son plus bas niveau récent le 23 juin 2015 à 15,00 GBX. Forum Energy possède 35 550 000 actions en circulation. |