United Kingdom, 17 November 2014.
On 7 November 2014 the United Kingdom's Financial Conduct Authority removed the requirement to publish interim management statements formerly applicable to issuers whose shares are admitted to trading on a regulated market where the United Kingdom acts as Home Member State. In light of this action, RAK Petroleum plc will not issue a second half 2014 interim management statement on 18 November 2014.
RAK Petroleum plc will continue to issue periodic stock exchange notices, published on this website, to provide updates on its activities and additionally refers shareholders to www.dno.no for stock exchange notices issued by DNO ASA, RAK Petroleum plc's largest investment.
RAK Petroleum plc will publish its 2014 Report of the Board of Directors and Consolidated Financial Statements on 27 April 2015 and its 2015 Half Year Report on 31 August 2015.
For further queries, please contact:
Kevin Toner, Managing Director
RAK Petroleum plc
Tel: +1 917 518 2837
About RAK Petroleum plc
RAK Petroleum plc is an oil and gas investment company established under the laws of England and Wales as a public limited company. Its principal holdings are 42.8% of DNO ASA and 33.33% of Foxtrot International LDC held through Mondoil Enterprises LLC.
DNO ASA is a Norwegian oil and gas operator active in six countries in the Middle East and North Africa. Shares in the company have traded on the Oslo Stock Exchange since 1981. DNO ASA is headquartered in Oslo with more than 1,000 employees and contractors worldwide. Foxtrot International LDC is a privately-held company active in West Africa whose principal asset is a 24% interest in and operatorship of Block CI-27 offshore Cote d'Ivoire. Block CI-27 contains the two largest gas fields in the country, meeting over 70% of Cote d'Ivoire's needs.