TIDMQOGT 
 
RNS Number : 5791T 
Quorum Oil and Gas Tech. Fund Ld 
30 September 2010 
 

  Not for release, publication or distribution in, or into, the United States, 
                          Canada, Australia or Japan. 
 
+------------------------------+------------------------------+ 
| Press Release                |            30 September 2010 | 
+------------------------------+------------------------------+ 
 
 
                   Quorum Oil and Gas Technology Fund Limited 
                                (the "Company") 
 
                                  Result of EGM 
 
The Board of Quorum Oil and Gas Technology Fund Limited (LSE:QOGT) announces 
that at the Company's Extraordinary General Meeting which began on 28 September 
2010: 
 
·    Ordinary Resolution 1 for the approval of the appointment of SGW Capital 
Managers as the Company's Investment Manager was duly passed on a poll. 
·    Ordinary Resolutions 2, 3 and 4 for the appointment of three new directors 
were not proposed as they were conditional on Resolution 1 not being passed. 
·    Special Resolution 5 for the change of name of the Company to Global Oil 
and Gas Technology Fund Limited, was not passed on a poll. 
 
The following votes were reported to the meeting in respect of each of the 
resolutions proposed: 
 
+-------------+----------------------+-----------------------+ 
| RESOLUTION  |                    VOTES                     | 
+-------------+----------------------------------------------+ 
|             |      In favour       |        Against        | 
+-------------+----------------------+-----------------------+ 
|      1      |            3,556,228 |             3,554,009 | 
+-------------+----------------------+-----------------------+ 
|      5      |            3,556,228 |             3,554,009 | 
+-------------+----------------------+-----------------------+ 
 
Sefton Partners LLP will remain as interim investment manager, pending receipt 
by SGW Capital Managers Limited of any necessary regulatory approvals from 
appropriate regulatory bodies that would enable it to be appointed as permanent 
investment manager. 
 
Tom Price, Chairman of Quorum Oil and Gas Technology Fund Limited, commented: 
 
"The Board would like to thank all voting shareholders for their constructive 
engagement in a very difficult process. 
 
"It is abundantly clear from our consultations that shareholders wish the 
Company to focus on achieving successful exits from the current portfolio 
investments and we have urged SGW Capital Managers to continue to work with the 
investee companies to refocus them on core activities and in parallel to 
progress realisation plans. The Board would also like to reiterate that it is 
open to approaches for assets from QOGT Inc. or other parties. 
 
"We also recognise that a number of shareholders wish the composition of the 
Board to be reviewed. As an initial step in this process Chris Hill has today 
agreed to become Non-Executive Chairman; I intend to remain on the Board as a 
Non-Executive Director. We will commence a selection process for additional 
Directors without delay." 
 
                                    - Ends - 
 
For further information: 
+----------------------------------------+---------------------+ 
| Corporate Broker                       |                     | 
+----------------------------------------+---------------------+ 
| Numis Securities                       |                     | 
+----------------------------------------+---------------------+ 
| Nathan Brown, Corporate Broking        |     Tel: +44 (0) 20 | 
|                                        |           7260 1275 | 
+----------------------------------------+---------------------+ 
| n.brown@numiscorp.com                  |                     | 
+----------------------------------------+---------------------+ 
 
Media enquiries: 
+----------------------------------------+-------------------------+ 
| Abchurch                               |                         | 
+----------------------------------------+-------------------------+ 
| Henry Harrison-Topham / Mark Dixon     |         Tel: +44 (0) 20 | 
|                                        |               7398 7702 | 
+----------------------------------------+-------------------------+ 
| henry.ht@abchurch-group.com            | www.abchurch-group.com  | 
+----------------------------------------+-------------------------+ 
 
Notes to editors: 
 
Quorum Oil and Gas Technology Fund Limited ("Q-OGT") is an authorised 
closed-ended investment company incorporated in Guernsey to provide expansion 
capital to companies which own and/or are developing proven proprietary 
technology which may have a potentially significant effect on the oil and gas 
industry. Q-OGT was admitted to the Official List of the UK Listing Authority 
and to trading on the London Stock Exchange on 7 January 2008. Its stock market 
EPIC is QOGT.L. Further information can be found at www.q-ogtfund.com. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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