Award of Phase 1 Platform EPCI Contract to HSM
(WorldNews Netherlands)

3 August 2020 Independent Oil and Gas plc Award of Phase 1 Platform EPCI Contract to HSM Independent Oil and Gas plc (`IOG` or `the Company`), (AIM: IOG.L), the development and production company focused on becoming a substantial UK gas producer, as operator of its joint venture with CalEnergy Resources (UK) Ltd, is pleased to announce that it has awarded the Engineering, Procurement, Construction and Installation (EPCI) contract for its Core Project Phase 1 platforms to Dutch contractor HSM Offshore BV (`HSM`). An accompanying presentation of recent platform fabrication progress is available at: https://www.iog.co.uk/investors/results-reports-and-presentations. The contract, which is almost...