Andalas Energy & Power #ADL – Update on Eagle Gas Limited

Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), has been advised by Eagle Gas Limited (“Eagle”) that Holywell Resources Limited (“Holywell”), the operator of Southern North Sea Licence P2112 (“Licence”), and Atlantic Petroleum UK Ltd (“Atlantic”) have elected to relinquish the Licence. Simon Gorringe, CEO of Andalas Energy and […]

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 – Final Results

Andalas Energy and Power Plc, the AIM listed Indonesian focused energy company (AIM: ADL), is pleased to announce its results for the year ending 30 April 2018. The Annual Report and Accounts will be posted to shareholders this month and will be immediately made available on the Company’s website: https://www.andalasenergy.co.uk. Highlights: Business development activity continued with […]

Andalas Energy & Power #ADL announces a North Sea license acquisition and placing

Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce it has acquired an interest in Licence P2112, a Southern North Sea Licence, which contains Badger, a large undrilled gas prospect through the acquisition of a 14.75% equity interest in Eagle Gas Limited, a […]