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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Andalas Energy And Power Plc | LSE:ADL | London | Ordinary Share | IM00BZ7PNY71 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.20 | 0.19 | 0.21 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
Hot Features
Premium
TIDMADL
Andalas Energy and Power Plc
('Andalas' or the 'Company')
Response to social media speculation
The Company notes recent social media discussion regarding the potential
purchase of an interest in an oil and gas asset in Indonesia, the Bunga Mas PSC
("Bunga Mas"). In accordance with the Company's previously stated strategy,
the Company continues to evaluate a number of oil and gas projects, of which
Bunga Mas is one. However, discussions remain at an early stage and commercial
terms are yet to be agreed. There is no guarantee that terms will be agreed in
respect of Bunga Mas but, should they be, or indeed should the Company reach
agreement in respect of the acquisition of interests in any other projects, it
will update investors at the appropriate stage.
The Company makes no comment regarding speculation on the potential resource or
working interest.
For further information, please contact:
Simon Gorringe Andalas Energy and Power Plc Tel: +62 21 2965 5800
Roland Cornish/ Beaumont Cornish Limited Tel: +44 20 7628 3396
James Biddle (Nominated Adviser)
Colin Rowbury Novum Securities Limited Tel: +44 207 399 9427
(Joint Broker)
Christian Dennis Optiva Securities Limited Tel: +44 20 3411 1881
(Joint Broker)
Stefania Barbaglio Cassiopeia Services Ltd Stefania@cassiopeia-ltd.com
END
(END) Dow Jones Newswires
June 15, 2018 07:36 ET (11:36 GMT)
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