Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Paladin Resources (PLR)

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Monday 16 August, 2004

Paladin Resources

Farm-in Agreement

Paladin Resources PLC
16 August 2004

                          Paladin Resources plc

                 Farm-in to Gryphon Marin, offshore Gabon

Paladin Resources plc announces that its wholly owned subsidiary, Paladin
Resources (Gabon) Limited ("Paladin"), has entered into a participation
agreement with Forest Oil Gryphon Marin B.V. ("Forest"), a wholly owned
subsidiary of Forest Oil Corporation, the Denver based US independent oil and
gas company, under the terms of which Paladin will earn a 20 per cent working
interest in the Gryphon Marin Exploration and Production Sharing Contract ("EPSC
"), offshore southern Gabon.

The Gryphon Marin EPSC has an area of 9,764 square kilometers and lies in
shallow water in a prospective part of the Gabon Coastal Basin, a proven
hydrocarbon province, close to a number of existing oilfields and recent
discoveries. Advances in 3D geophysical processing techniques have contributed
to recent exploration successes in the adjacent acreage, and the partnership
plan to apply such techniques to identify drillable prospects within the
contract area. A forward programme of 3D seismic reprocessing and acquisition of
new 3D seismic surveys is planned for 2004 leading to the drilling of a
commitment exploration well in the second half of 2005.

Following completion of the farm-in , which is subject to the approval of the
Gabonese authorities, partner interests in the permit will be: Forest Oil
Gryphon Marin B.V. (operator) 40 per cent, Petro SA 25 per cent, Paladin
Resources (Gabon) Limited 20 per cent and Energy Africa 15 per cent.

Roy Franklin, Chief Executive of Paladin, commented:

"We are delighted to be making this entry into a prolific hydrocarbon province
and look forward to working with our new partners and the Gabonese Government.
The venture fits well with our stated strategy: the Gabon Coastal Basin offers
relatively low-cost exploration potential in a shallow water area with proven
hydrocarbons where advances in geophysical processing techniques will give us
greater confidence when identifying prospects for drilling. "

                                                                  16 August 2004

Paladin Resources plc                                       Tel: 020 7024 4500
Roy Franklin, Chief Executive

College Hill                                                Tel: 020 7457 2020
Tony Friend
Nick Elwes

                      This information is provided by RNS
            The company news service from the London Stock Exchange                   IS

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