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 […]

Andalas Energy & Power #ADL – Correction: Issue of Warrants

The following has been amended in the “Issue of Warrants” announcement released on 6 December at 9:01am. “The warrants have been issued with a 5 year term with a strike price of 0.5 pence per share; the basis of calculation being a 25% premium to the closing bid price (previously announced exercise price was 0.54375 […]

Andalas Energy and Power #ADL – Institutional investment

Andalas Energy and Power plc (AIM:ADL) is pleased to announce, following the announcement of our Sumatra-1 project, a placing of 1,277,139,208 new ordinary shares of Nil par value to raise £500,000 (before expenses) with new and existing shareholders at an issue price of 0.03915 pence per share.  The placing was led by 1798 Volantis Fund […]