Appointment of Joint Broker

RNS Number : 5420Y

Solo Oil Plc

02 March 2012

 



Immediate Release, Embargoed 7 am

2 March 2012

SOLO OIL PLC

('Solo' or 'the Company')

Solo Oil appoints Old Park Lane Capital Plc as Joint Broker

Solo Oil Plc is pleased to announce the appointment of Old Park Lane Capital PLC ("OPL") as joint broker to the Company with immediate effect.

Neil Ritson, Executive Director of Solo, commented:

"We are delighted to have OPL on board as joint broker and look forward to working closely together as we continue to develop our portfolio of oil and gas assets in Africa and the Americas."

Enquiries:

Solo Oil Plc

David Lenigas

Neil Ritson

 [phone]

Beaumont Cornish Limited (Nominated Adviser and Joint Broker)

Roland Cornish

[phone]

Old Park Lane Capital Plc (Joint Broker)

Michael Parnes

Luca Tenuta

 [phone]

Shore Capital (Joint Broker)

Pascal Keane

Jerry Keen (Corporate Broker)

Pelham Bell Pottinger (Public Relations)

Mark Antelme

Henry Lerwill

[phone]

Notes to Editors:

Old Park Lane Capital is the natural resources focused corporate broker to a number of companies listed on UK and overseas exchanges.  Headquartered in Berkeley Square, London, OPL is an institutional and "invitation-only" stockbroker with an experienced team and in-house specialist research.

Solo Oil Plc is petroleum resources exploration and development company trading on the London Stock Exchange AIM index. Solo's objectives are to acquire and develop a diverse portfolio of direct and indirect interests in exploration, development and production oil and gas assets which are based in the Americas, Europe and Africa.

Since listing in April 2009, Solo currently has an exploration and appraisal project in Tanzania with Aminex and Tullow Oil Plc, and a development project with Reef Resources Limited in Eastern Canada with options for additional acquisitions across Canada. The Company is also currently in the process of acquiring exploration interests in Argentina.

 

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