Source - RNS
RNS Number : 2305I
Nature Group PLC
15 June 2017
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

NATURE GROUP PLC

 

("Nature Group" or the "Company")

 

Update on Oil & Gas Contract

 

On 22 December 2016, Nature Group announced a significant contract with an international oil company for the deployment of multiple treatment units on two rigs in the Central North Sea. Maersk Gallant, who is currently on contract with Maersk Oil, with whom Nature Group has contracted, has provided the following update in relation to one of the locations:

 

"Maersk Gallant is currently on contract with Maersk Oil, performing plug and abandonment operations of the Leadon and James subsea fields in the UK sector of the North Sea. However, in agreement with Maersk Oil, this campaign will be put on hold while the drilling of the Glengorm well is ongoing for Nexen. Following the drilling campaign for Nexen, Maersk Gallant will return to complete the plug and abandonment operations of the Leadon and James fields in April 2018"

 

For further information:

 

Nature Group PLC

 

Jan Vesseur, CEO

Tel:        +31 6462 878 96

Maarten Smits, CFO

Tel:        +31 6138 207 80

Berend van Straten, Chairman

Tel:        +31 6268 056 05

 

 

Cenkos Securities plc

 

Neil McDonald

Tel:        +44 (0)131 220 9771 / +44 (0)207 397 1953

Beth McKiernan

Tel:        +44 (0)131 220 9778 / +44 (0)207 397 1950

Nick Tulloch

Tel:        +44 (0)131 220 9772

 

Notes to Editors

 

About Nature Group

 

Nature Group combines port reception services and facilities, offshore treatment services and the latest sustainable waste treatment technologies in a steadily growing global network. Nature Group is traded on the AIM market, (ticker: NGR). www.ngrp.com 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFVVREIELID