Andalas Energy & Power #ADL – Update on Colter well programme

Andalas Energy and Power PLC, is pleased to report that Corallian Energy Limited (“Corallian”), the Exploration Operator for Licence P1918, has informed the joint venture partners that the Ensco 72 rig has commenced mobilisation to the Wick drilling location. This milestone represents the commencement of the planned two well programme, as announced on 13 November […]

Andalas Energy and Power (ADL) – Update on Eagle Gas investment

Andalas is the owner of a 25% interest in Eagle Gas Limited that is itself the 100% owner of Holywell Resources Limited (“Holywell”), which owns a 66 2/3% interest in licence P2112 (“the licence”). The operator, Holywell, is currently negotiating an extension to the initial licence term which ends on 19 December 2018, with the […]

Andalas Energy & Power #ADL – Investor Event

Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce that Chief Executive Officer, Simon Gorringe, will be attending and presenting at the Cassiopeia Investor Symposium at 7 pm on 21th November 2018.  The event will be held at The Mayfair Hotel and Spa, 110 Stratton […]

Andalas Energy & Power #ADL – Update on Colter well programme

Andalas Energy and Power PLC, is pleased to report that Corallian Energy Limited (“Corallian”), the Exploration Operator for Licence P1918, has informed the joint venture partners that the Department for Business, Energy and Industrial Strategy, Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) has advised the Oil and Gas Authority of its in principle agreement […]

Andalas Energy & Power #ADL – New Company presentation & Oil Capital Conference

Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce that a new Company presentation is now available on the Company’s website (www.andalasenergy.co.uk). Furthermore the Company will be presenting at the forthcoming Oil Capital Conference at 1pm on 24th October 2018.  The Conference will be […]

Andalas Energy & Power #ADL – Award of Share Options

Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), announces the award of a total of 36 million options over ordinary shares in the Company to its Executive Directors and key consultants. The Options are all exercisable at 2 pence per share, representing a premium of 83.5% over the closing […]

Andalas Energy & Power #ADL – Farm-in to Colter and issue of equity

Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce it has, through its 100% owned subsidiary Resolute Oil & Gas (UK) Limited, entered into an agreement with Corallian Energy Limited under which it has acquired, via a farm-in, an 8% interest in UK […]