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th Cargo Lifting at Aje Field
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, is pleased to announce the completion of the 15
th Lifting ( Lifting ) at the Aje Field, part of OML 113 offshore Nigeria.
The Lifting totalled 225,000 barrels (52,000 barrels were left in the tank) with a net share of 27,675 barrels to ADM, which equates to ADM s paying interest of approximately 12.3%. The nominated offtake partner for the Lifting was La Chorale, a global energy & commodity trading company. The temporary drop in volume from the previous Lifting announced in October 2020, reflects a decision from the JV Partners to carry out a more thorough and extended period of maintenance on the FPSO while oil prices were depressed. This ensures the JV Partners can take full advantage of the assets production levels going forwards, while benefiting from the subsequent uplift in oil prices.
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DGAP-News: ADM Energy PLC: 15th Cargo Lifting at Aje Field
vom 06.04.2021, 13:30 Uhr
Bild: pixabay.com
ADM Energy PLC: 15th Cargo Lifting at Aje Field
06.04.2021 / 13:30
The issuer is solely responsible for the content of this announcement.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
6 April 2021
th Cargo Lifting at Aje Field
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, is pleased to announce the completion of the 15
Niger-delta
Nigeria-general
Nigeria
United-kingdom
London
City-of
Paul-shackleton
Jo-turner
Osamede-okhomina
Dan-gee
Joe-quinlan
James-caithie