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DGAP-News: ADM Energy PLC: Director Share Purchase


DGAP-News: ADM Energy PLC: Director Share Purchase
ADM Energy PLC: Director Share Purchase
04.05.2021 / 13:40
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.
4 May 2021
Director Share Purchase
ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, announces that Osa Okhomina, Chief Executive Officer, today purchased 480,446 ordinary shares of 1 pence each ( Ordinary Shares ) at a price of 3.45 pence per Ordinary Share. ....

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Proactive Oil & Gas highlights: Diversified Gas & Oil PLC, 88 Energy Ltd, Tullow Oil PLC, Mosman Oil and Gas Ltd, ADM Energy PLC, Canadian Overseas Petroleum Ltd, Jersey Oil and Gas PLC, United Oil & Gas PLC


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Proactive Oil & Gas highlights: DGOC, 88 Energy, Tullow, Mosman, ADM Energy, Canadian Overseas Petroleum, Jersey, United Oil & Gas
It was another active week in the junior oil and gas sector.
Diversified Gas & Oil PLC (LON:DGOC) acquired a package of assets in Louisiana, marking its first deal in a newly identified ‘central’ regional focus area (RFA). The company is paying US$135mln for upstream assets and related facilities from Indigo Minerals LLC. The package, referred to as Cotton Valley, includes some 16,000 barrels oil equivalent per day (boepd) of production across 780 net operated wells.
It is host to around 50mln barrels of proved-developed-producing (PDP) reserves. And the company highlighted that the operations benefit from Gulf Coast pricing, which the company noted means higher realisations. ....

United States , Cotton Valley , United Kingdom , Brian Larkin , Arthur Millholland , Andrew Benitz , Indigo Minerals , Tullow Oil , Energy Ltd , Gas Oil , Atomic Oil , Mosman Oil , K Onh United Kingdom , United Oil Gas , Gas Ltd , Jersey Oil , Canadian Overseas Petroleum Ltd , United Oil , Diversified Gas , Gulf Coast , Greater Stanley , Risk Sharing Agreement , Barracuda Field , Kingdom Limited , Overseas Petroleum Ltd , Carbon Policy ,

ADM Energy present 'transformational deal' for Barracuda acquisition


ADM Energy present transformational deal for Barracuda acquisition
ADM Energy PLC s (LON:ADME) Thato Mngomezulu tells Proactive London their transformational agreement for a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda Field, in OML 141 located in swamp and shallow water offshore Nigeria.
The company now owns a 51% interest in the K.O.N.H. UK Limited vehicle which in turn owns 70% of Barracuda. It will provide technical and financial support to the consortium and will receive favourable accelerated economic terms plus a 15% net profit interest in the field.
Quick facts: ADM Energy PLC
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United Kingdom , City Of , Thato Mngomezulu , K Onh United Kingdom , Adm Energy , Proactive London , Risk Sharing Agreement , Barracuda Field , Kingdom Limited , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , ப்ரோவாக்டிவ் லண்டன் , பார்ராகுடா புலம் , கிஂக்டம் வரையறுக்கப்பட்டவை ,