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 – Response to Social Media Speculation

The Company notes recent social media discussion regarding the potential purchase of an interest in an oil and gas asset in Indonesia, the Bunga Mas PSC.  In accordance with the Company’s previously stated strategy, the Company continues to evaluate a number of oil and gas projects, of which Bunga Mas is one.  However, discussions remain […]

Andalas Energy and Power #ADL new CEO Simon Gorringe faces Brokermandaniel on FinancialFox

On the Financial Fox, an exclusive interview with Simon Gorringe, new CEO of Andalas Energy. Under the lights, Simon faces one of Andalas’s main critics, Daniel Levi, the infamous multi-award-winning blogger and high-net-worth British investor. He addresses Dan’s hard questions, discusses the failure of the old strategy and explains his mission and commitment to drive […]

Andalas Energy & Power #ADL – Change of Nomad and update

Andalas Energy and Power Plc, the AIM traded upstream oil and gas energy company (AIM: ADL), is pleased to announce the appointment of Beaumont Cornish Limited as the Company’s Nominated Adviser with immediate effect.  Optiva Securities Limited and Novum Securities Limited remain the Company’s Joint Brokers. In addition, the Company provides the following update: The […]

Andalas Energy & Power #ADL – Board changes

Andalas Energy and Power plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), announces that Mr David Whitby will retire from his role as Chairman and Director of the Company and that Dr Robert Arnott, currently a Non-Executive Director, will step up to the role of Non-Executive Chairman.  The changes are […]

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 […]

Andalas Energy & Power #ADL – Statement re Podcast

Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL), announces that Simon Gorringe, Andalas CEO, has recorded a podcast with Brand UK, which has been released today. The podcast is an interview with Simon about Andalas’ ongoing project’s and Simon’s plans for Andalas.  The podcast does not contain any new […]

Andalas Energy and Power #ADL – Interim Results and new CEO statement

Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce its half-yearly report for the six months ended 31 October 2017. Highlights: First Pertamina power project consortium for the development of the Puspa-1 project entered into with Siemens AG.   Each partner has an equal […]