6th Apr 2021 17:57
ADM Energy PLC - UK-based natural resources investing company - Completes the fifteenth lifting at the Aje field, part of OML 113, offshore Nigeria. The company says the lifting totalled 225,000 barrels with a net share of 27,675 barrels to ADM, which equates to its paying interest of 12%. The proceeds of the lifting will be applied against the project debt, ADM says, significantly reducing the outstanding balance.
Current stock price: 3.90 pence, up 4.0% on Tuesday
Year-to-date change: down 27%
By Evelina Grecenko; [email protected]
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