NIGERIA: ADM Energy Raises Funds to Finance Expansion Plans
ADM Energy has announced that it has raised a total of £475,000 before costs by way of a placing for new ordinary shares in the Company with and a subscription … Read More
Tag: ADM Energy
ADM Energy Completes Barracuda Field Transaction
ADM Energy has announce it has completed its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda Field in OML 141, an … Read More
NIGERIA: ADM Energy Enters into a non-binding collaboration agreement with Eunisell
Under the terms of the CA, subject to the completion of certain due diligence, ADM and Eunisell will explore collaboration opportunities to carry out development of Barracuda Field in OML 141 … Read More
NIGERIA: ADM Energy Invests in the Development of the Barracuda oil field in OML 141
ADM Energy has announced that it has conditionally agreed to invest in the development of the Barracuda oil field in OML 141, an existing discovery and near-term production asset in … Read More
NIGERIA: ADM Energy Submits Bid in Nigeria’s 2020 Marginal Field Round
Further to the announcement of 3 August 2020, ADM Energy has announced that it has formally submitted a bid with the Nigerian Department of Petroleum Resources (DPR) for a marginal … Read More
Nigeria: Prince Arthur Eze Denies Involvement with Oilbank International and Partnership with ADM Energy
Prince Arthur Eze, Executive Chairman of Atlas Petroleum International and Oranto Petroleum, has categorically denied recent news report of his involvement in a partnership with ADM Energy on the ongoing … Read More
ADM Energy, OilBank Pre-qualifies in Bidding for Nigerian Marginal Oil Fields
ADM Energy has announced that it has successfully pre-qualified in the Nigerian Government’s 2020 Marginal Field Bid Round. The Company is participating in the Bid Round as the exclusive technical … Read More