TIDMMYN

Mayan Energy Limited

30 January 2019

Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil and Gas

30 January 2019

Mayan Energy Ltd ('Mayan' or 'the Company')

Updated Corporate Presentation

Mayan Energy Ltd (AIM: MYN), the AIM listed oil and gas company, is pleased to announce that an updated version of its corporate presentation is now available on the Company's website at http://mayanenergy.co.uk/media/presentations/.

**ENDS**

For further information visit www.mayanenergy.co.uk or contact the following:

 
 Charlie Wood      Mayan Energy Ltd              +44 20 7236 1177 
 Roland Cornish    Beaumont Cornish Ltd          +44 20 7628 3396 
                  ----------------------------  ----------------- 
 James Biddle      Beaumont Cornish Ltd          +44 20 7628 3396 
                  ----------------------------  ----------------- 
 Frank Buhagiar    St Brides Partners Limited    +44 20 7236 1177 
                  ----------------------------  ----------------- 
 Gaby Jenner       St Brides Partners Limited    +44 20 7236 1177 
                  ----------------------------  ----------------- 
 Colin Rowbury     Novum Securities Limited      +44 20 7399 9400 
                  ----------------------------  ----------------- 
 

Notes:

Mayan Energy Limited is an AIM listed (London Stock Exchange) North American based energy company. It is actively pursuing a primary recovery oil strategy focused on re-stimulating wells within mature producing basins with immediate cash flow leveraging commercially available technologies and projects that are shallow, low risk with low levels of capex and infrastructure already in place. It also remains interested in creating shareholder value by strategic investments in similar projects with high cash generative potential and by forming beneficial development partnerships that enable the use of pioneering and leading extraction technologies.

The Company's existing well portfolio and status on each is as follows:

 
 Well                             Asset    W.I.   NRI      Status 
                                                     Austin Field 
                       Austin (formally 
 Morris #1                   Stockdale)    100%   75%     Shut in 
                    -------------------  ------  ----  ---------- 
                       Austin (formally 
 Montsanko #1                Stockdale)    100%   75%     Shut in 
                    -------------------  ------  ----  ---------- 
 Montgomery, E         Austin (formally 
  F. SWD                     Stockdale)    100%   75%     Shut in 
                    -------------------  ------  ----  ---------- 
 Edwards Unit                    Austin    100%           Shut in 
                    -------------------  ------  ----  ---------- 
 Neubauer Stanush                Austin    100%           Shut in 
                    -------------------  ------  ----  ---------- 
 Kosub                           Austin    100%           Shut in 
                    -------------------  ------  ----  ---------- 
 Ritchie Talley                  Austin    100%           Shut in 
  Unit 
                    -------------------  ------  ----  ---------- 
 Garrison                        Austin    100%           Shut in 
                    -------------------  ------  ----  ---------- 
                             Zink Ranch 
                                         ------  ----  ---------- 
 Osage 7                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 4                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Bledsoe                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage B                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 1                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 4                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 1                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 2                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 3                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 2                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 4                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 5                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 5                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 7                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Thompson                    Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage B-1                   Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage 7                     Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 Osage B-8                   Zink Ranch   100%*         Operating 
                    -------------------  ------  ----  ---------- 
 
 

Well numbers repeat through Sections 26,27,28,33,34

*Subject to BIA process the transfer 100% interest across to Mayan Energy subsidiary(currently 85% held on behalf of Mayan with balance 15% held by Glenn Supply).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRABLMRTMBBTBJL

(END) Dow Jones Newswires

January 30, 2019 02:00 ET (07:00 GMT)

Mayan Energy (LSE:MYN)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024 Plus de graphiques de la Bourse Mayan Energy
Mayan Energy (LSE:MYN)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024 Plus de graphiques de la Bourse Mayan Energy