Brisbane, Australia, Feb 27, 2015 - (ABN Newswire) - Pryme Energy Limited (ASX:PYM) (OTCMKTS:POGLY) advises that the 2015 Annual General Meeting is scheduled for Wednesday 22 April 2015 at 11.00am, further details will be given in the Notice of Annual General Meeting.
About Pryme Energy Limited:
Pryme Energy Limited is an Australian listed company engaged in oil and gas exploration, development and production. Pryme's project portfolio includes liquid rich producing assets together with substantial oil development and exploration acreage in the United States.
The Company's Exploration and Production focus is on high growth oil and gas projects offering scalability of production, cash flows and reserves. Pryme currently has several producing projects together with a significant acreage position. The Company's immediate focus is the development of its Capitola Oil Project located in an active region of the Cline Shale resource play along the Eastern Shelf of the Permian Basin, Texas. The project's core development and exploitation opportunities are shallower multiple "stacked" sandstones and limestones to depths of 7,000 feet which are effectively produced from vertically drilled wells. Pryme's value driven model is executed through exploiting shallower, well defined intervals with advanced completion and stimulation technology within known produced oil fields together with exposure to the emerging Cline Shale resource play.
Pryme's shares are publicly traded on the Australian Securities Exchange (ASX ticker: PYM) and also as American Depositary Receipts on the OTCQX (ADR ticker: POGLY).
Contact:
Pryme Energy Limited
Justin Pettett, Managing Director
T: +61-7-3371-1103
F: +61-7-3371-1105
WWW: www.prymeenergy.com
Source:
Pryme Energy Limited
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