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AIM:ADVFRA:BZPA
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Advance Energy 'really pleased' to complete Buffalo acquisition after 'such an unprecedented year'

Advance Energy PLC's (LON:ADV) Leslie Peterkin talks to Proactive London about the completion of the acquisition of an interest in the Buffalo PSC, offshore Timor-Leste.

The transaction, which constitutes a reverse takeover, sees the company acquire a 50% stake in the Carnarvon Petroleum Timor vehicle which owns 100% of the Buffalo PSC.

Peterkin says having completed this deal after 'such an unprecedented year' is 'testament to Advance's track record'.

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AIM:ADV

Price: 3.4 GBX

Market Cap: £3.49 m

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Advance Energy says formal rig contract takes it one step closer to drilling...

Advance Energy PLC (AIM:ADV, FRA:BZPA) CEO Leslie Peterkin joined Proactive's Stephen Gunnion with news that the company signed a formal rig contract with Valaris Limited. Peterkin telling Proactive that the contract brings Advance one step closer to the drilling of the Buffalo-10 well which is...

1 week, 3 days ago

2 min read