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ADME Adm Energy Plc

0.345
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Adm Energy Investors - ADME

Adm Energy Investors - ADME

Share Name Share Symbol Market Stock Type
Adm Energy Plc ADME London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.345 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.345 0.345 0.345 0.345
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 09/8/2023 19:53 by londonikan5
the only Lies are from you Range No Resources. Wake up and smell the coffee.
This, like so many other AIM companies, is all about a lifestyle company, to milk the investors, nothing more than a scam, a lottery ticket at best. You must be paid well to so prostitute yourself. No shame, I suspect you must be a closet Trump supporter.
Delusional at best?
Posted at 25/7/2023 20:49 by londonikan5
Let's see, Barracuda is gone (never was there), Osa is gone (never worked for ADME shareholders), Aje production has stopped, with no FPSO (Panora is active picking up more concessions, but zero money on a FPSO and a Gas deal for Aje?), Marginal Fields were a scam/failure/cash drain to where? RangeNoResources, I hope the Christmas party occurs for you, but that is 6 months of cash costs? ADME now is "in the US" where the Oil sharks wait for fresh fish (AIM Investors). GLTA (except ADME BOD)
Posted at 12/5/2023 08:49 by spikeyj
? what justifies the BoD pay and perks at ADME?

certainly nothing to do with returns for investors - destruction
of shareholder value at ADME has been severe & relentless
for many years. it’s an absolutely appalling company.
Posted at 20/12/2022 13:15 by londonikan5
Maybe ADME is waiting for the upcoming Nigerian Dahomey Basin Lease sale of blocks around Aje Field to make a bid and become a world class E&P Company following their stellar success in all their other Nigerian ventures. But with Osa gone with his world-class Contacts and deep pocket investors who could possibly lead the charge? We need Osa back to continue the previous 24 months of stock performance
Posted at 16/11/2022 14:33 by stockriser
16 November 2022

ADM Energy PLC

("ADM" or the "Company")

Further re: Barracuda and Interim Injunction

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural-resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil field.

As previously announced on 13 December 2021, the Company and K.O.N.H. (UK) Ltd ("KONH") obtained an interim injunction at the Federal High Court of Nigeria, Lagos ("Court") restraining Noble Hill-Network Limited ("NHNL"), its officers, agents, privies, or person howsoever connected from selling, disposing, divesting, or tampering with the 70% shareholding interest of KONH in NHNL to third-party investors or in any other manner whatsoever.

Further to the announcement on 1 July 2022, the Company has been advised that the Court has adjourned this matter until 1 February 2023. The interim injunction continues to stand in the meantime and a further update will be made in due course.
Posted at 04/11/2022 18:01 by profit7
So the new USA Investors paid 1.2p per share for a 14% stake of ADM Adam Energy.

This suggest ADM is valued at c£5M,
However currently ADM is valued only £1.5M

200% gap up soon
Posted at 06/9/2022 07:20 by terminator101
They could get some death spiral finance to keep paying OSA and the lads. Dress it up with a healthy dose of waffle about bridging them to the big news, use the boiler room to tell tall tales of a cornerstone investor or of game changing marginal field investments?

However it seems that a drop of 15% dosen’t warrant a speeding ticket these days. What would they say anyway? “We note the plunge in the share price and are surprised that anyone is even thinking about buying this lifestyle pish”.
Posted at 21/8/2022 22:10 by terminator101
As spikeyJ point out, AJE field is declining at an alarming rate, down from 557k barrels to 94k barrels in a little under 2 years. Not that it matters of course as 100% of any proceeds go direct to servicing the project debt.

So oil running out.
Potential costs for AJE increasing
No marginal fields
No strategic investors
But at least you have OSA and the lads sucking out £200,000 a month for their amazing expertises. The dream team no less.

12 Aug 22 The Lifting totalled 94,187 barrels with a net share of 8,683 barrels to ADM, which equates to ADM's profit interest of approximately 9.2%.

12 Oct 21 The Lifting totalled 232,379 barrels with a net share of 21,424 barrels to ADM, which equates to ADM's profit interest of approximately 9.2%.

15 April 21 The Lifting totalled 225,000 barrels (52,000 barrels were left in the tank) with a net share of 27,675 barrels to ADM, which equates to ADM's paying interest of approximately 12.3%.

12 Oct 20 The Lifting totalled 557,091 barrels with a net share of 33,056 barrels to ADM, which equates to ADM's paying interest of approximately 6%.
Posted at 06/5/2022 13:06 by tomboyb
ADM Energy PLC Barracuda: Interlocutory Injunction Granted
06/05/2022 1:00pm
UK Regulatory (RNS & others)

Adm Energy (LSE:ADME)
Intraday Stock Chart

Friday 6 May 2022

Click Here for more Adm Energy Charts.
TIDMADME

RNS Number : 6546K

ADM Energy PLC

06 May 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

6 May 2022

ADM Energy PLC

("ADM" or the "Company")

Barracuda Oil Field: Interlocutory Injunction Granted

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural-resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil field.

As previously announced on 13 December 2021, the Company and K.O.N.H. (UK) Ltd ("KONH") obtained an interim injunction at the Federal High Court of Nigeria, Lagos ("Court") restraining Noble Hill-Network Limited ("NHNL"), its officers, agents, privies or person howsoever connected from selling, disposing, divesting or tampering with the 70% shareholding interest of KONH in NHNL to third-party investors or in any other manner whatsoever.

Subsequently, NHNL ("the Defendant") applied to the court to set aside the interim injunction order. The Court pronounced NHNL's application as lacking in merit and the application was dismissed.

ADM and KONH's application for interlocutory injunction on which the above interim order was based, argued that the restraining order of the court be maintained against the Defendant until the final determination of the suit. The Court found the following:

1. There is a real threat to the Plaintiffs' (ADM and KONH) rights and interests as the Defendant has demonstrated its moves to bring a third-party investor;

2. There is a real issue to be tried or heard;
3. The Defendant's moves to bring in a third-party investor at this stage will further compound an already compounded issue;

4. The balance of convenience is on the side of granting the application in favour of the Plaintiffs; and

5. The Plaintiffs have shown that there will be irreparable loss if the interlocutory injunction is not granted against the Defendant.

The Court granted ADM and KONH's interlocutory injunction application which restrains NHNL, its officers, agents, privies or person howsoever connected from selling, disposing, divesting or tampering with the 70% shareholding interest of KONH in NHNL to third-party investors or in any other manner whatsoever until final determination of the suit.

The Company has been advised that, further to the announcement of 2 March 2022, the Court has further adjourned this matter to 30 June 2022. The interlocutory injunction is firmly in place and a further update will be made in due course.

Enquiries:


ADM Energy plc +44 20 7459 4718
Osamede Okhomina, CEO
www.admenergyplc.com

Cairn Financial Advisers LLP +44 20 7213 0880
(Nominated Adviser)
Jo Turner, James Caithie

Hybridan LLP +44 20 3764 2341
(Broker)
Claire Louise Noyce

ODDO BHF Corporates & Markets AG +49 69 920540
(Designated Sponsor)
Michael B. Thiriot

Luther Pendragon +44 20 7618 9100
(Financial PR)
Harry Chathli, Alexis Gore, Tan Siddique
Posted at 16/4/2022 08:40 by terminator101
Seems the only way they can raise interest here is by inventing the fake investor in the background (but will investors fall for that trick a 4th time?) or by starting another scam company and raising money at a "premium" apparently, but when all the time they were giving the money raised directly to their mates in the scam company. Will investors fall for that trick too? Or have align been in touch with the broker and scuppered their chances of yet another placing at yet another massive discount.

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