TIDMGWIK

RNS Number : 3710T

Glenwick PLC

04 January 2017

Glenwick Plc

("Glenwick")

Update on i3 Energy Investment

Glenwick's Board of Directors are pleased to announce that they have been informed by i3 Energy that it has received final licence assignment consent from the UK Oil & Gas Authority, and i3 has now completed its acquisition of the previously mentioned North Sea Oil discovery. Further details regarding the asset and i3's forward plan will be released in the coming weeks.

For further information, please contact:

 
  FIM Capital Limited                     +44 1624 681 
   Graham Smith                            250 
  Allenby Capital Limited (Nominated 
   Adviser and Joint-Broker)                +44 203 328 
   John Depasquale/Nick Harriss             5656 
  Peterhouse Corporate Finance Limited 
   (Joint-Broker)                           +44 207 469 
   Lucy Williams / Heena Karani             0933

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCOKQDPABKDDDK

(END) Dow Jones Newswires

January 04, 2017 11:52 ET (16:52 GMT)

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