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.
Xtract Energy sells remainder of MEO Australia shares
Xtract Energy PLC (AIM: XTR) said it has sold the remaining 14.375 million shares it held in MEO Australia Ltd (ASX: MEO), an approximately 3.4 percent stake. It realised in aggregate A$7.07 million from the share sales.
The money will support the growth of the other investments within the company's portfolio and provide working capital.



















