DGAP-News: ADM Energy PLC / Key word(s): Miscellaneous
ADM Energy PLC: Notice of Investor Call

29.03.2021 / 08:30
The issuer is solely responsible for the content of this announcement.


29 March 2021

ADM Energy Plc

("ADM" or the "Company")

Notice of Investor Call


ADM Energy (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, gives notice that it will host an investor conference call, via webcast, on Wednesday, 31 March 2021 at 12:00 BST.

The Company's CEO, Osamede Okhomina, will lead the call and give a presentation on ADM's recent investment in the development of the Barracuda Oil Field, Nigeria, as announced on 23 March 2021. Mr. Okhomina will also answer questions from investors in a Q&A session. The Company will only use publicly available information for the call.

The investor call is open to all existing and potential shareholders. Interested parties can register their interest and pre-submit questions at the following link:

https://admenergyplc.com/investors/register-for-investor-call/

Participants are invited to submit questions in advance by 12:00 BST on 30 March 2021.


Enquiries:

ADM Energy plc +44 20 7459 4718
Osamede Okhomina, CEO  
www.admenergyplc.com  
   
Cairn Financial Advisers LLP +44 20 7213 0880
(Nominated Adviser)  
Jo Turner, James Caithie  
   
Arden Partners plc +44 20 7614 5900
(Lead Broker)  
Paul Shackleton, Dan Gee-Summons  
   
Hybridan LLP +44 20 3764 2341
(Joint Broker)  
Claire Louise Noyce  
   
ODDO BHF Corporates & Markets AG +49 69 920540
(Designated Sponsor)  
Michael B. Thiriot  
   
Luther Pendragon +44 20 7618 9100
(Financial PR)  
Harry Chathli, Alexis Gore, Joe Quinlan  
 


About ADM Energy PLC

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria. ADM Energy holds a 9.2% profit interest in the oil producing Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.

The Company has also agreed an investment in the development of the Barracuda Field, an existing discovery and near-term production asset in OML 141, which covers 1,295 km2 in the swamp/shallow waters of the Niger Delta. Four existing wells have been drilled to date and a fifth is intended to be drilled in Q4 2021.

ADM Energy is seeking to build on its existing asset base in Nigeria and target other investment opportunities across the West African region in the oil and gas sector with attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure and route to early cash flow.
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.



29.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ADM Energy PLC
60 Gracechurch street
EC3V 0HR London
United Kingdom
Phone: +44 (0)2077863555
E-mail: hello@admenergyplc.com
Internet: www.admenergyplc.com
ISIN: GB00BJFDXW97
WKN: A2PLC1
Listed: Foreign Exchange(s) London
EQS News ID: 1179160

 
End of News DGAP News Service

1179160  29.03.2021 

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