Andalas Energy and Power (ADL) – Update on Tuba Obi East

Andalas Energy and Power Plc, the AIM listed Indonesian focused energy Company (AIM: ADL), provides an update on the Tuba Obi East oil and gas concession in the South Sumatran Basin. Tuba Obi East is one of a cluster of three gas fields identified by Andalas as suitable for development as an integrated wellhead independent […]

Andalas Energy and Power (ADL) – Operations Update

Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL), is pleased to provide an update on its activities with Pertamina, Indonesia’s national oil company, including the identification of a further two gas fields suitable for wellhead IPP development.  This is in line with the Company’s strategy to develop a portfolio […]

Andalas Energy and Power (ADL) – Interim results

Andalas Energy and Power Plc, the AIM listed Indonesian focused upstream oil and gas and power company (AIM: ADL), is pleased to announce its half-yearly report for the six months ended 31 October 2016. Highlights: Readmission to AIM to focus on upstream oil, gas and power opportunities in Indonesia Milestone cooperation agreement with Pertamina, Indonesia’s […]

Andalas Energy and Power (ADL) – Loan Note

Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL) has issued a £500,000 zero coupon loan note which will strengthen the Company’s working capital position while it continues to progress the Company’s strategy. The Loan Note, which has been issued to Sandabel Capital L.P. is secured against the assets of […]

Andalas Energy & Power (ADL) – Gas to Power Update

Andalas Energy and Power Plc (ADL), is pleased to provide an update on its landmark agreement with PT Pertamina (Persero) (‘Pertamina’).  The Agreement sees both parties working in cooperation to fast-track the commercialisation of marginal gas fields within Pertamina’s acreage in the Sumatran provinces of Jambi, Riau and South Sumatra, via the roll-out of the […]

Andalas Energy & Power (ADL) – Updated company presentation

Andalas Energy and Power Plc, the AIM listed Indonesian focused oil and gas exploration company, is pleased to advise that an updated Company presentation, has been uploaded to its website at https://www.andalasenergy.co.uk/. In conjunction with this, the Company is pleased to provide shareholders with the opportunity to listen to an audio version of the presentation from […]

Andalas Energy and Power (ADL) – Corporate Update & Company Presentation

Andalas Energy and Power Plc, the AIM listed Indonesian focused oil and gas exploration company (AIM: ADL), is pleased to provide an update on its activities in line with its strategy to roll out gas-to-power projects in Indonesia, which it believes can make a significant contribution to the country’s power shortfall at the local level. […]

Andalas Energy and Power (ADL) – Corporate update

Andalas Energy and Power Plc, the AIM listed Indonesian focused oil and gas exploration company (ADL), is pleased to provide a corporate update, including a comment on developments in the Indonesian energy sector where the Company is looking to roll out its gas to power offering which it believes can make a significant contribution to […]