Stmnt re Share Price Movement
30 Mayo 2007 - 10:24AM
UK Regulatory
RNS Number:4539X
White Nile Limited
30 May 2007
White Nile Ltd / Ticker: WNL / Index: AIM / Sector: Oil & Gas
30th May 2007
White Nile Ltd ('White Nile' or 'the Company')
Share Price Movement
White Nile Ltd, the AIM listed oil and gas exploration company, in the light of
the fall in the Company's share price, has asked the Government of Southern
Sudan to issue, at the earliest opportunity, a statement clarifying the
conclusion of the negotiations in Khartoum between themselves and the Northern
Government, with regard to oil exploration and production issues in Southern
Sudan, as referred to by the Company on RNS earlier today.
It is understood that the Government of Southern Sudan is involved in continuing
negotiations on a number of other issues and has not yet had the opportunity to
make official comment on the outcome of the negotiations re oil issues. White
Nile remains confident of a positive outcome and hopes that it will be able to
provide further information, as soon as possible, on its rights in Block Ba,
awarded to White Nile by the Government of Southern Sudan.
* * E N D S * *
For further information please visit www.whitenile-ltd.com or contact:
Phil Edmonds White Nile Ltd Tel: 0845 108 6060
Jonathan Wright Seymour Pierce Ltd Tel: 020 7107 8000
Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477
This information is provided by RNS
The company news service from the London Stock Exchange
END
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