Taipan Resources to Host Investor Conference Call
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/21/13 -- Taipan
Resources Inc. (TSX VENTURE:TPN) ("Taipan" or the "Company")
announces that it will host a conference call on Wednesday, October
23, 2013 at 6:00 AM PST to discuss its recently announced farmout
agreement with Premier Oil Plc.
Max Birley, Chief Executive Officer and Director of Taipan, will host
the conference call.
To attend the call, please use the dial in information below:
Date: Wednesday, October 23rd, 2013
Time: 6:00 AM PST / 9:00 EST / 2:00 BST
North America Local: +1 416-340-2216
North America LD: +1 866-226-1792
International Dial-In: +1 800-9559-6849
Participants are requested to call in at least 10-minutes before the
call to ensure timely participation.
There will be a short Q&A session following the farmout discussion.
About Premier Oil plc
Premier Oil plc (LSE:PMO) is a leading FTSE 250 independent
exploration and production company with interests in the North Sea,
South East Asia, the Middle East, Africa, Pakistan and the Falkland
Islands. Its portfolio of producing assets delivered production of
58,600 boepd in the first half of this year, and it has various
projects in the development phase which should increase production to
over 100,000 boepd in the medium-term. Premier became active in Kenya
in 2011 with the signing of two PSCs for offshore exploration blocks
L10A and L10B.
About Taipan Resources Inc.
Taipan Resources Inc. (TSX VENTURE:TPN) is an independent,
Africa-focused oil exploration company with interests in Block 1 and
Block 2B onshore Kenya through its wholly owned subsidiary Lion
After the farmout, Taipan will hold a 45% working interest in Block
2B (1.35 million acres / 5,464km2). The Company's 20% working
interest in Block 1 (5.497 million acres / 22,246 km2) is operated by
East Africa Exploration (Kenya) Ltd, a subsidiary of Afren plc.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
The statements contained in this release that are not historical
facts are forward-looking statements, which involve risks and
uncertainties that could cause actual results to differ materially
from the targeted results. The Company relies upon litigation
protection for forward looking statements.
The reader is cautioned that assumptions used in the preparation of
any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of Taipan. As a result, Taipan cannot guarantee that any
forward-looking statement will materialize and the reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect and
actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The forward-looking
statements contained in this news release are made as of the date of
this news release and Taipan will only update or revise publicly any
of the included forward-looking statements as expressly required by
Canadian securities law.
Taipan Resources Inc.
CEO and Director
+254 705 643 745
Taipan Resources Inc.
CFO and Director
+1 604 306 4000
Investor Relations Contact:
Kin Communications Inc.
+1 604-684-6730 or +1 866-684-6730
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