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AIM:SCIR
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Solo Oil's Neil Ritson on Horse Hill, Ruvuma and plans to refresh the team

Neil Ritson, chairman of Solo Oil PLC (LON:SOLO), discusses with Proactive's Andrew Scott the first batch of production testing results from Horse Hill,  the decision by their partner at Ntorya, Aminex plc (LON:AEX) to farm-out two-thirds of its 75% interest in the project and the continued progress being reported by Solo's investee company Helium One Limited.

Ritson also discusses his intention to step down as chairman before the end of 2018 as part of a board restructuring designed to ready the company for the future.

Ritson, who has been a director of the oil and gas investor since 2010, has offered to stay on as chief executive pending the appointment of a new non-executive chairman and thereafter as a technical advisor, as and when required.

Quick facts: Scirocco Energy PLC

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AIM:SCIR

Price: 0.861 GBX

Market Cap: £6.53 m

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Scirocco says EAG deal 'is important first step for new investment strategy'...

Scirocco Energy PLC (AIM:SCIR)'s (AIM:SCIR) Tom Reynolds talks to Proactive London about the completion of its deal to buy into Energy Acquisitions Group Ltd (EAG).  Reynolds explains how this opportunity will help build opportunities within the anaerobic digestion (AD) and biogas market and...

3 weeks, 2 days ago

2 min read