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) – New Website
Andalas Energy and Power Plc is pleased to announce the launch of its new corporate website (https://www.andalasenergy.co.uk/). The new website marks the culmination of the Company’s wider rebranding exercise which has been undertaken in recent months. This reflects the progress made by the new management team towards transforming ADL into an Indonesian focused energy and […]
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 […]
CEB Resources – Agreement to Assess Opportunities in Tuba Obi East Concession, South Sumatran Basin
CEB Resources plc, the AIM listed investing company, is pleased to announce that it has agreed with PT Akar Golindo (PTAG) to assess the technical and commercial opportunities for monetising gas in and around the Tuba Obi East oil and gas concession in the South Sumatran Basin. Under the terms of the agreement CEB and […]