2 November 2020
ADM Energy PLC
("ADM" or the "Company")
Launch of New Website
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, is pleased to announce the launch of its new corporate website at: www.admenergyplc.com
The website offers improved functionality and access to information on the Company, including strategy, operations and all information required by AIM Rule 26.
Enquiries:
ADM Energy plc |
+44 20 7459 4718 |
Osamede Okhomina, CEO |
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www.admenergyplc.com |
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Hybridan LLP |
+44 20 3764 2341 |
(Lead Broker) |
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Claire Louise Noyce |
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Pello Capital Limited |
+44 20 3700 2500 |
(Joint Broker) |
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Dan Gee |
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Oddo Seydler Bank AG |
+49 69 920540 |
(Designated Sponsor) |
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Michael B. Thiriot |
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Luther Pendragon |
+44 20 7618 9100 |
(Financial PR) |
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Harry Chathli, Alexis Gore, Joe Quinlan |
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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.