FOGL announces operations update

11/8/2012

FOGL announces operations update

FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces, further to the statement of 25 October 2012, that the necessary repairs were carried out on the blow out preventer within the expected timeframe, and drilling has recommenced.

The Company estimates it will take a further 4-6 weeks to complete drilling operations. The Company will make a further announcement at that time.

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