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RNS Number : 8480L

Forum Energy Plc

09 July 2014

FORUM ENERGY PLC

("Forum Energy" or the "Company")

SC72 Licence Extension

Forum Energy, the UK incorporated oil and gas exploration and production company with a focus on the Philippines, today confirms that the Philippine Department of Energy has granted the Company's request for an extension to the second sub-phase of Service Contract 72 ("SC72").

The deadline for completion of the second sub-phase, comprising the drilling of two appraisal wells, has now been extended by one year to 15 August 2016;

Further details regarding the Company's plans for SC72 will be made in due course, as and when appropriate.

For further information please contact:

Forum Energy Plc

Andrew Mullins, Tel: +44 (0) 1932 445 344

Executive Director & Company Secretary

Execution Noble & Company, trading as Espirito Santo Investment Bank (Nominated adviser)

Harry Stockdale Tel: +44 (0) 207 456 9191

Or visit the Company's website:

www.forumenergy.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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