Brooge Energy Ltd to Host Fiscal 2019 Earnings Call on July 7, 2020
15 Junio 2020 - 8:18AM
Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ:
BROG), a midstream oil storage and service provider strategically
located outside the Strait of Hormuz, adjacent to the Port of
Fujairah in the United Arab Emirates (“UAE”) through its
wholly-owned subsidiary Brooge Petroleum and Gas Investment Company
FZE (“BPGIC”), announced today it has filed a Form 12b-25, a
Notification of Late Filing, with the Securities and Exchange
Commission in order to extend the due date of its Annual Report on
Form 20-F for the period ended December 31, 2019 for fifteen
calendar days, as permitted by Rule 12b-25 under the Securities
Exchange Act. The Company currently expects that it will file
the Annual Report on or before June 30, 2020, the expiration date
of the fifteen calendar day extension period.
In its Form 12b-25 filing the Company has
advised that its Annual Report on Form 20-F (the “Annual Report”)
for the year ended December 31, 2019 could not be filed without
unreasonable effort and expense. Specifically, the Company requires
additional time to compile, review and prepare certain information
in its financial statements following delays resulting from the
COVID-19 pandemic. The Registrant expects to file the Annual Report
within the time period permitted by SEC Rule 12b-25.
Brooge Energy’s management will host a
conference call at 8:00 am ET (4:00pm UAE) on July 7, 2020. The
conference call will be in the format of a questions and answers
session and will address any queries investors have regarding the
Company’s reported results.
Conference Call Information
Date: |
July 7,
2020 |
Time: |
8:00 a.m.
ET / 4:00pm UAE |
Dial-in numbers: |
+1
877-425-9470 (U.S.), 800 035 703 290 (UAE), +1-201-389-0878
(International) |
Instructions: |
Request
the “Brooge Energy Call” |
Live webcast: |
http://public.viavid.com/index.php?id=140122 |
A dial-in replay of the call will also be
available, to those interested, until July 14, 2020. To access the
replay, dial +1 844-512-2921 (United States) or +1 412-317-6671
(International) and enter replay pin number: 13704653.
About Brooge Energy
LimitedBrooge Energy, formerly known as Brooge Holdings,
conducts all of its business and operations through its
wholly-owned subsidiary Brooge Petroleum and Gas Investment Company
FZE (“BPGIC”), a Fujairah Free Zone Entity. BPGIC is a midstream
oil storage and service provider strategically located outside the
Strait of Hormuz adjacent to the Port of Fujairah in the United
Arab Emirates. BPGIC’s oil storage business differentiates itself
from competitors by providing its customers with fast order
processing times, excellent customer service and high accuracy
blending services with low oil losses. For more information please
visit www.broogeholdings.com.
Forward-Looking StatementsThis
press release contains “forward-looking statements” within the
meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, that involve risks and
uncertainties concerning BPGIC’s and Brooge Energy’s expected
financial performance, as well as their strategic and operational
plans. The actual results may differ materially from expectations,
estimates and projections due to a number of risks and
uncertainties and, consequently, you should not rely on these
forward looking statements as predictions of future events. Words
such as “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “would,” “could,”
“should,” “believes,” “predicts,” “potential,” “continue,” and
similar expressions are intended to identify such forward-looking
statements. These risks and uncertainties include, but are not
limited to: (1) the ultimate geographic spread, duration and
severity of the coronavirus outbreak and the effectiveness of
actions taken, or actions that may be taken, by governmental
authorities to contain the outbreak or ameliorate its effects; (2)
BPGIC’s ability to obtain financing for Phase III on commercially
reasonable terms; (3) BPGIC’s ability to negotiate and enter into
development and offtake agreements on commercially reasonable
terms; (4) the results of technical and design feasibility studies,
including the Phase III FEED study; (5) the loss of any end-users;
(6) changes in customer demand with respect to ancillary services
provided by BPGIC including throughput, blending, heating, and
intertank transfers; (7) BPGIC’s ability to effectively manage the
risks and expenses associated with the construction of Phase II,
Phase III and other growth and expansion projects; and (8) other
risks and uncertainties indicated from time to time in filings with
or submissions to the SEC by Brooge Energy. Readers are referred to
the most recent reports filed with or furnished to the SEC by
Brooge Energy. Readers are cautioned not to place undue reliance
upon any forward-looking statements, which speak only as of the
date made, and we undertake no obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investor ContactKCSA Strategic
CommunicationsValter Pinto / Elizabeth Barker+1 212-896-1254 or +1
212-896-1203BROG@kcsa.com
Brooge Energy (NASDAQ:BROG)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Brooge Energy (NASDAQ:BROG)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024