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Additional Information
Market: AIM
Sector: Energy
EPIC: XTR
Latest Price: 2.10p  (-1.41% Descending)
52-week High: 4.45p
52-week Low: 0.77p
Market Cap: 32.19M
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Xtract Energy
www.xtractenergy.co.uk

Xtract Energy identifies and invests in a portfolio of early stage oil and gas assets and business interests with significant growth potential. We aim to engage closely with the associate management teams to achieve project milestones, finance early stage asset and business development activity, and then finance the asset development phase, or if appropriate, crystallise value for all shareholders at a suitable exit point. We aim to achieve returns for our shareholders through access to the significant upside rewards associated with our investments.

Xtract Energy Plc (‘Xtract’) was established in 2004 (as then Resmex Plc) and its shares were admitted to trading on AIM at the end of March 2005.

Full Xtract Energy profile here
Pdf

Xtract Energy sells more MEO Australia shares for A$2.37 million

3rd Jul 2009, 1:12 pm Xtract Energy sells more MEO Australia shares for A$2.37 million
Xtract Energy PLC (AIM: XTR) said it sold a further 10.67 million of the shares it holds in MEO Australia Ltd (ASX: MEO) for A$2.37 million.

It reiterated that it will use the money to support the growth of the other investments within its portfolio and for working capital purposes.

Following the latest sale, Xtract retains 14,375,629 MEO shares, or approximately 3.4 percent of the capital.

As a result of the decrease in the size of Xtract's interest in MEO, future announcements made by MEO on the Australian Stock Exchange will no longer be relayed as a matter of routine by Xtract on AIM.

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