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IN BRIEF: Advance Energy Notes Petrofac Awarded Buffalo Asset Deal

15th Feb 2021 11:45

Advance Energy PLC - upstream oil and gas company - Says Carnarvon Petroleum Ltd awards Petrofac Ltd drill management services contract at the Buffalo oil field in Timor-Leste in south east Asia. "We are pleased to note the award of this contract to Petrofac given their established reputation as a leading services provider," Advance Chief Executive Officer Leslie Peterkin says.

Current Advance Energy stock price: 0.26 pence, suspended since December 17 amid plans for reverse takeover of Timor-Leste Petroleum Pty Ltd

Petrofac share price: 128.00p, up 4.5% Monday

Year-to-date change: down 7.3%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

PetrofacADV.L
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