ADM Energy PLC: Notice of Investor Call
ADM Energy plc +44 20 7459 4718 Osamede Okhomina, CEO ? www.admenergyplc.com ? ? ? Cairn Financial Advisers LLP +44 20 7213 0880 (Nominated Adviser) ? Jo Turner, James Caithie ? ? ? Arden Partners plc +44 20 7614 5900 (Lead Broker) ? Paul Shackleton, Dan Gee-Summons ? ? ? Hybridan LLP +44 20 3764 2341 (Joint Broker) ? Claire Louise Noyce ? ? ? ODDO BHF Corporates & Markets AG +49 69 920540 (Designated Sponsor) ? Michael B. Thiriot ? ? ? Luther Pendragon +44 20 7618 9100 (Financial PR) ? Harry Chathli, Alexis Gore, Joe Quinlan ? ?
About ADM Energy PLC ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria. ADM Energy holds a 9.2% profit interest in the oil producing Aje Field, part of OML 113, which covers an area of 835km? offshore Nigeria. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date. The Company has also agreed an investment in the development of the Barracuda Field, an existing discovery and near-term production asset in OML 141, which covers 1,295 km2 in the swamp/shallow waters of the Niger Delta. Four existing wells have been drilled to date and a fifth is intended to be drilled in Q4 2021. ADM Energy is seeking to build on its existing asset base in Nigeria and target other investment opportunities across the West African region in the oil and gas sector with attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure and route to early cash flow. ?
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29.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: ADM Energy PLC 60 Gracechurch street EC3V 0HR London
United Kingdom Phone: +44 (0)2077863555 E-mail: firstname.lastname@example.org Internet: www.admenergyplc.com ISIN: GB00BJFDXW97 WKN: A2PLC1 Listed: Foreign Exchange(s) London EQS News ID: 1179160 ? End of News DGAP News Service