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: Barracuda Field
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 Barracuda Field Collaboration Agreement
ADM Energy PLC , a natural resources investing company, is pleased to announce it has entered into a non-binding collaboration agreement with OES Energy Services Limited, Nigeria’s largest swamp rig … 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