Andalas Energy and Power (ADL) – Exercise of Warrants & Total Voting Rights
Andalas Energy and Power Plc, the AIM traded Indonesian focused oil and gas exploration company, has received notification from certain warrant holders to subscribe for 12,007,661 new ordinary shares in the Company at a price of 0.2 pence per bonus Warrant Share. In aggregate, the exercise of the bonus warrants amounts to a cash value […]
Dave Whitby, CEO of Andalas Energy & Power (ADL) is interviewed by Justin Waite on the VOX Markets podcast
Dave Whitby, CEO of Andalas Energy & Power (ADL) is interviewed by Justin Waite on the VOX Markets podcast. Link here to listen.
Andalas Energy & Power (ADL) – Results of GM & Issue of Bonus Warrants
Results of GM & Issue of Bonus Warrants NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBILC OF SOUTH AFRICA NOR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT […]
Andalas Energy and Power (ADL) – Updated Company Presentation
Andalas Energy and 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 […]
Andalas Energy and Power (ADL) – Admission document
Andalas Energy and Power Plc Admission NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBILC OF SOUTH AFRICA NOR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT IS AN […]
Andalas Energy and Power (ADL) issues zero coupon loan note
Andalas Energy and Power Plc is pleased to announce it has raised £500,000 (gross) via the issue of a zero coupon loan note. The proceeds of the Note will help fund the costs associated with the ongoing AIM Readmission process, and will also allow the Company to continue with its planning and preparations to drill […]
Andalas Energy and Power (ADL) signs Tuba Obi East gas project farm-in agreement
Andalas Energy and Power Plc (ADL) the AIM listed investment company, is pleased to announce that it has conditionally entered into a farm-in agreement for the Tuba Obi East Technical Assistance Contract, which is located in the South Sumatran basin approximately 30km north-west of Jambi city in Jambi province, Sumatra. Highlights: ADL to acquire 30% […]
Andalas Energy and Power (ADL) signs heads of agreement to farm-in to Indonesian gas project
Andalas Energy and Power (ADL) is pleased to announce that it has signed a non-binding heads of agreement to farm-in to the Technical Assistance Contract (‘TAC’) covering the Tuba Obi East oil and gas concession (‘TOE’) in Jambi province, Sumatra. The proposed transaction would constitute a reverse takeover within the meaning of the AIM Rules […]
Andalas Energy and Power Plc – Board Changes & Change of NOMAD & Broker
Andalas Energy and Power (ADL), the AIM listed investment company, is pleased to announce that Mr Paul Warwick, an existing non-Executive Director of ADL, has been appointed Chairman of the Board. Paul’s extensive industry experience, both globally and specifically in Indonesia, makes him ideally placed to help drive the strategic vision of the Board and […]
Andalas Energy and Power – Half Yearly Report
Andalas Energy and Power (ADL), the AIM listed investing company, is pleased to announce its half yearly report for the six months ended 31 October 2015. Highlights: Initiated strategy to build a significant energy company to capitalise on Indonesia’s strong domestic demand fundamentals and an attractive pricing environment – changed name to “Andalas Energy and […]