Andalas Energy & Power #ADL – Bunga Mas PSC one of 6 licences to be converted to gross split PSC by mid-Feb 2019

Andalas Energy and Power PLC, is pleased to report that Arcandra Tahar, Deputy Minister of Energy and Mineral Resources (“Deputy Minister”) issued a press release on Friday 11 January 2019, that the Bunga Mas PSC will be one of 6 licences that will be converted to gross split PSC’s by mid-February 2019. As announced on […]

Andalas Energy & Power #ADL – CEO Simon Gorringe interviewed on the Vox Markets podcast

Simon Gorringe, Chief Executive Officer of Andalas Energy & Power (ADL) discusses progress at the company including their recent acquisition in Indonesia. The interview starts at 12 minute 29 seconds.

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 […]