African Petroleum releases quarter ended 30 June 2013 reports

African Petroleum releases quarter ended 30 June 2013 reports

CORPORATE Highlights: Approximately US$ 12.4 million cash at bank at 30 June 2013
 In addition, approximately US$ 22.5 million restricted cash at 30 June 2013, being security deposits
that will be released upon the achievement of certain drilling milestones in Côte d’Ivoire
 The Company held an Annual General Meeting, where all the resolutions put to the Shareholders
were passed by a strong majority
 On 3 May 2013, Non-Executive Deputy Chairman Mr Tony Sage tendered his resignation to take
effect from 30 June 2013
 On 28 June 2013, the Company announced its intention to seek a listing on the official list of the
Australian Securities Exchange (“ASX”)
 On 28 June 2013, the Company announced that Dr David King was to be appointed as Independent
Non-Executive Director from 1 July 2013
 On 28 June 2013, the Company announced that Non-Executive Director, Mr Alan Watling had
tendered his resignation to take effect from 1 July 2013
OPERATIONS
 Final 3D seismic data for CI-509 and CI-513 has been received
 3D seismic data on Block Senegal Offshore Sud Profond has been received
Source: www.africanpetroleum.com.au
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