DGAP-News

ADM Energy PLC: Change of Broker - Seite 2

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 5% profit interest in the Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria, and in February 2020 entered into an agreement with EER (Colobos) Nigeria Limited to acquire a further 4.2% profit interest. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.

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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12.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	ADM Energy PLC
	60 Gracechurch street
	EC3V 0HR London
	United Kingdom
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.admenergyplc.com
ISIN:	GB00BJFDXW97
WKN:	A2PLC1
Listed:	Foreign Exchange(s) London
EQS News ID:	1147710