Friday 16 December 2016

Independent Oil and Gas plc (“IOG” or the “Company”), the development and production focused Oil and Gas Company, is pleased to announce a significant increase in its internal resource estimates for Elgood and Harvey based on work undertaken by a third party contractor. The Company is also pleased to announce that it has secured licence extensions for Harvey and Skipper to allow more work on both licences prior to the Company undertaking any further work commitments.