2nd Oct 2014 10:09
LONDON (Alliance News) - Enegi Oil PLC said Thursday that it not aware of any reason for a recent downturn in its share price.
It shares have fallen 25.9% over the last week, but the stock was trading up 8.6% at 2.85 pence Thursday morning after its statement.
Enegi said that it was not aware of any events that have "adversely impacted" its business activities.
"Despite recent trading activity I remain excited about the company's prospects, particularly with respect to the potential of our marginal fields initiative and the commitment of myself and the team remains total," said Chief Executive Alan Minty in a statement.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
ENEG.L