Andalas Energy & Power #ADL – Conditional Acquisition of Indonesian oil project

Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), is pleased to announce it has entered into a conditional agreement to acquire an interest in the Bunga Mas Production Sharing Contract (the “Bunga Mas PSC” or the “PSC”), located in South Sumatra, Indonesia. Highlights: Acquisition of initial 25% participating interest […]

Andalas Energy & Power – Result of AGM and Total Voting Rights

The Annual General Meeting (“AGM”) for Andalas Energy and Power plc (AIM:ADL) was held today at 10.00am. All resolutions were passed. Following the passing of the resolutions at the AGM, the Conditional Placing, as announced on 11 July 2018, was approved.  Accordingly, the Company has issued the conditional placing shares totalling 3,000,000,000 Ordinary Shares, which […]

Andalas Energy & Power #ADL – Placing and notice of AGM

Andalas Energy and Power plc (AIM:ADL) is pleased to announce that it has conditionally raised gross proceeds of £1,000,000 via a placing of 5,000,000,000 ordinary shares of nil par value Ordinary Shares at a price of 0.02pence per Ordinary Share, compared to the mid-market price of 0.022pence at the close of business on 10th July 2018. […]

Andalas Energy & Power #ADL – Final Results

Andalas Energy and Power Plc, the AIM listed Indonesian focused energy company (AIM: ADL), is pleased to announce its results for the year ending 30 April 2018. The Annual Report and Accounts will be posted to shareholders this month and will be immediately made available on the Company’s website: https://www.andalasenergy.co.uk. Highlights: Business development activity continued with […]