Last checked at 31 Jul 2014 07:07
TANGIERS PETROLEUM LIMITED - Request for Trading HaltTANGIERS PETROLEUM LIMITED - Request for Trading Halt
PR Newswire
London, July 31
31 July 2014 TANGIERS PETROLEUM LIMITED Request for Trading Halt Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) ("Tangiers" or the "Company")advises that it has requested a trading halt of the Company's securities onboth ASX and AIM due to pending results from the TAO-1 exploration well. The Company expects the securities to re-commence trading on Monday 4 August2014. About Tangiers Petroleum: Tangiers Petroleum is an Australian-based oilexplorer with assets offshore Morocco in shallow water. Tangiers has a 25 percent participating interest in the Tarfaya Offshore Block, which is beingoperated by Galp Energia with a 50 per cent interest. The remaining 25 percentinterest is held by ONHYM (Morocco's National Office of Hydrocarbons andMines), which is carried through the exploration phase. The high impact TAO-1exploration well spud on the 26th June 2014 and is expected to intersect two ofthree possible objectives within 60 days from spud. ROBERT DALTONCompany Secretary Tangiers Petroleum LimitedLevel 2, 5 Ord StreetWest Perth WA 6005, AustraliaPh: + 61 8 9485 0990www.tangierspetroleum.com Contacts RFC Ambrian Limited As Nominated AdviserMr Oliver Morse / Ms Trinity McIntyre+61 8 9480 2500 As Corporate BrokerMr Charlie Cryer+44 20 3440 6800 Mr Ed Portman (Media and Investor Relations - United Kingdom)Tavistock Communications+44 20 7920 3150