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ADM Energy's Head of New Ventures talks financing strategies and 2020 marginal field bid round

ADM Energy's (LON:ADME) Head of New Ventures Thato Mngomezulu speaks to Proactive's Andrew Scott soon after the firm announced the appointment of REYL Group to support the company with the development and financing of energy projects in Nigeria and West Africa. Mngomezulu also gives some additional detail on its participation in the Nigerian government’s first oilfield licence bid round since 2003.

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Price: 5.3 GBX

AIM:ADME
Market: AIM
Market Cap: £6.51 m
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ADM Energy finalise transaction to increase profit interest in OML 113 to 9.2%

ADM Energy PLC's (LON:ADME) Thato Mngomezulu, Head of New Ventures at ADM speaks to Proactive London about the completion of its transaction to acquire an additional 2.25% interest in OML 113. The company’s stake in the project increases to 4.9% as a result of the transaction. The...

on 15/12/20

2 min read