Company Presentation (3908F)
June 14 2012 - 8:00AM
UK Regulatory
TIDMNSN
RNS Number : 3908F
Natasa Mining Limited
14 June 2012
14 June 2012
Natasa Mining Ltd
("Natasa" or the "Company")
Company Presentation
Natasa is pleased to announce that a presentation released by
UMC Energy Plc, in which Natasa holds 205,351,879 fully paid
ordinary shares, representing 42.39 per cent. of the entire issued
share capital, will shortly be available for download from the
Company's website at www.natasamining.com. The presentation
includes further detail in relation to its Petroleum Prospecting
Licences ("PPLs") 374, 375, 378 and information on PPL 405, the
award of which was announced on 9 May 2012, including details of
the proposed work programme for PPL 405 for which exploration
expenditure in years 1 and 2 is estimated to total approximately
US$2.4 million. As is the case with PPLs 374,375 and 378, all such
expenditure in relation to this exploration work is to be funded by
CNOOC and repaid out of future production revenues, should such
production occur.
-ENDS-
Enquiries:
Natasa Mining Ltd
Chrisilios Kyriakou, Executive Chairman
Telephone: +44 (0) 20 7290 3102
www.natasamining.com
Angela Hallett / James Spinney
Strand Hanson Limited
Telephone: +44 (0) 20 7409 3494
This information is provided by RNS
The company news service from the London Stock Exchange
END
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