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"DEO Petroleum plc plans to convert stranded North Sea assets into value by applying advanced subsea technology and top quartile drilling performance, combined with a comprehensive understanding of how the infrastructure of the North Sea functions. There is currently a lack of small independent operators in the North Sea and a wide selection of subsea development opportunities that are not material to the larger operators. Given that operating costs are coming down and the long term oil price is firming, we believe that now is the time to invest in North Sea development."

David Marshall, Chief Executive Officer, DEO Petroleum plc

Appointment of FirstEnergy Capital as Broker

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Written by rob@loaf
Wednesday, 09 June 2010 09:12
DEO Petroleum are pleased to announce the Appointment of FirstEnergy Capital as Broker.

Result of AGM and GM

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Written by rob@loaf
Tuesday, 01 June 2010 15:34
The results of our AGM and GM are now available on the website.
Last Updated ( Tuesday, 01 June 2010 15:37 )

Further re: Firm Subscription and Subscription and Open Offer

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Written by rob@loaf
Wednesday, 19 May 2010 13:39
Further information has now been added to the website
Last Updated ( Wednesday, 19 May 2010 13:44 )
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