Source - RNS
RNS Number : 2346J
Clontarf Energy PLC
07 September 2016



07th September 2016


Clontarf Energy plc

("Clontarf" or "the Company")


Ghanaian Negotiations


The directors of Clontarf (AIM: CLON) wish to advise shareholders that, further to our announcement of 22nd June 2016, Clontarf and its partners have now met for discussions with Ghanaian officials.  Negotiations are now underway in relation to possible award of acreage in respect of our prior application on deep-water Tano Basin acreage as well as replacement acreage for our signed Petroleum Agreement on Tano 2A Block.


No assurances can be given that such negotiations will lead to a successful outcome for the Company.


Our Ghanaian affiliated company, Pan Andean Resources (Ghana) Limited, is a private Ghanaian company held 60% Clontarf, 30% by Petrel Resources and 10% local Ghana interests.


This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.





For further information please visit or contact:


Clontarf Energy plc

John Teeling, Chairman                                                                                        +353 (0) 1 833 2833

David Horgan, Director


Nominated Adviser and Broker

Northland Capital Partners Limited

David Hignell / Gerry Beaney                                                                            +44 (0)20 3861 6625

John Howes (Broking)


Public Relations

Blytheweigh                                                                                                             +44 (0)20 7138 3204

Tim Blythe                                                                                                                 +44 (0) 7816 924 626

Camilla Horsfall                                                                                                       +44 (0) 7871 841 793

Nick Elwes                                                                                                                 +44 (0) 7831 851 855

Rachael Brooks

Jonathan Garfield


PSG Plus

Colm Heatley                                                                                                            +353 (0) 1 661 4055

Alan Tyrrell                                                                                                                +353 (0) 1 661 4055

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