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Posts Categorized: ADM Energy
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ADM Energy GM statement to shareholders
GM Statement to ADM Energy Plc shareholders Dear shareholder It is with regret that we have, as a major shareholder and also provider of debt capital to ADM Energy, been forced to call a GM to bring about a management overhaul. Quite simply it is our assertions that Osamede Okhomina is unfit for the role […]
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STATEMENT TO ADM ENERGY SHAREHOLDERS
Dear shareholder We have requisitioned a GM to remove Osamede Okhomina, Oliver Andrews and Richard Carter as directors of ADM Energy Plc for multitude reasons. As the 2nd largest shareholder and a debt provider to the company we have not taken this step lightly. Through long experience in the AIM small cap arena we believe […]
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ADM Energy – 1,000bopd in plain sight following the completion of the EER deal
By Dr. Michael Green There was great news for ADM Energy shareholders yesterday with the announcement that the company has finally completed the EER transaction following receipt of ministerial consent. This means that ADM can now finalise the consolidation of its interest in OML 113, offshore Nigeria. In one fell swoop, the company has effectively […]
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Zak Mir interviews Peter Francis, Non-Exec Chairman of ADM Energy
Zak Mir interviews Peter Francis, Non-Executive Chairman of ADM Energy Click the play button below to listen to the audio. Questions covered: 1 – We note the 14th lifting at the Aje field RNS on Monday – when can investors expect the next one? 2 – Can you elaborate on the partner’s plans for Aje in 2021. […]
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ADM Energy – Rising production at Aje in H2 highlights continued progress by new management. Buy
By Dr. Michael Green There was good news out this morning for ADM Energy. In the 14th lifting of crude oil the partners at the Aje Field, part of OML 113 offshore Nigeria, shared 557,091 barrels. ADM’s net share was 33,056 barrels (which equates to the company’s paying interest of approximately 6%). Looking at recent […]