Andalas Energy & Power #ADL – Statement re Joint Broker

Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL), notes the announcement today regarding Beaufort Securities Limited and Beaufort Asset Clearing Services Limited being placed into insolvency and that the Financial Conduct Authority has imposed requirements on BSL and BACSL to cease all regulatory activity. BSL is joint broker to […]

Eland Oil & Gas (ELA) – An exciting growth story to buy into, says VectorVest

Eland Oil & Gas Plc (ELA.L) is a UK-based independent oil and gas company. The Company focuses on the production and development in West Africa, primarily in the Niger Delta region of Nigeria. It focuses on building and developing a portfolio of producing upstream oil and gas assets in West Africa. Its core assets are […]

Rigzone – Andalas Could Become ‘Material Player’ in Indonesia Gas to Power Outlook

Andalas Could Become ‘Material Player’ in Indonesia Gas to Power Outlook by Andreas Exarheas   Andalas Energy and Power Plc, in collaboration with Pertamina, has identified a further two gas fields in central Sumatra suitable for wellhead IPP (independent power project) development. “The scalability of our gas-to-power offering in partnership with Pertamina is clear. In […]

Andalas Energy & Power (ADL) – Cantor Fitzgerald retains buy rating and 0.5p price target

Following the operations update and two further wellhead IPP projects announced this morning by Andalas Energy & Power (ADL), analysts at broker Cantor Fitzgerald have today reiterated their ‘Buy’ rating and 0.5p target price. According to the analyst this now indicates a potential increase of 426.32% from Andalas Energy & Power PLC’s current price of 0.1p. […]