Cove Energy plc

Offer details

Expected size of offer (M):	�42m
Expected first date of trading:	06/10/2009
Market:	AIM
Location of address at which admission document will be available:	www.cove-energy.com
Date at which admission document will be available:

Advisors

Sponsor:
Nominated Advisor (AIM Companies):	Cenkos Securites plc
Nominated Broker (AIM Companies):	Cenkos Securities plc
Financial PR Advisors:

Company details

Name	Role
Frantisek-Michael-Joseph Blaha	Chairman
John Edward Craven	Chief Executive Officer
Michael Henry Nolan	Finance Director
Ivan James Bowen Murphy	Non-Executive Director

Facts and Figures

Fiscal year end:	31 December
Incorporated in:	England and Wales
Website URL:	www.cove-energy.com

Description of business:
The Company's strategy is to identify and acquire oil and gas assets in the early phase of the upstream life-cycle and mature them into marketable opportunities for the medium and larger oil and utility companies. The Company which is based in the UK is acquiring certain onshore and offshore assets in Mozambique and Tanzania by way of a reverse take-over under Rule 14.

Person(s) interested:
Before Admission: PGS Ventures AS 14.28% (After Admission: 6.83 %*) WW Exploration Limited 9.99% (After Admission: 2.17 %) Thomas & Philomena O'Gorman** 8.62% (After Admission: 1.87 %) Quantic Limited 5.14% (After Admission: 1.12 %) Paul Sweeney 4.26% (After Admission: 0.93 %) *Includes PGS Ventures undertaking to participate in the placing of New Ordinary Shares in the Company as more fully described in a supplemental agreement between PGS Ventures and the Company dated 17 September 2009. **Includes 520,833 shares held through Balvairde Capital Limited