ADM Energy PLC's (LON:ADME) Osamede Okhomina talks to Proactive London about their extended its agreement with Trafigura, over a US$120mln financing, for a further 12 months.
He also discusses the latest on the Nigerian Marginal Field Bid Round, with 'results out very soon'.
Okhomina references the latest oil prices, as Brent oil went past $65 a barrel, he says 'I wouldn't be surprised if oil went to $70-75 this year'.