#ELEG Electric Guitar PLC – Revised option to acquire assets in Oklahoma August 5, 2026 – Posted in: Electric Guitar Plc (ELEG)

The Company provides an update on the announcement made on 29 April 2026 regarding its option to acquire certain oil and gas assets located in the Western Anadarko Basin of western Oklahoma, USA (the “April Option”) from Vega Upstream JV, LLC (“VUJV”), a joint venture between Covenant Oil Group Corp. (“COG”) and ADM Energy PLC, a natural resource investing company (“ADM”), which option expired on 31 July 2026. The Company has now agreed a revised option…

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