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Additional Information
Market: AIM
Sector: Oil & Gas Exploration & Production
EPIC: XTR
Latest Price: 2.10  (-1.18% Descending)
52-week High: 4.25
52-week Low: 1.03
Market Cap: 32.19M
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Xtract Energy
www.xtractenergy.co.uk

Xtract Energy identifies opportunities and invests in a portfolio of early stage energy sector businesses and projects with very significant growth potential. We engage actively with the associated management teams to build and crystallise shareholder value through critical technical inputs, board-level experience and the application of corporate finance expertise. We aim to achieve returns for our shareholders through the capital growth of our investments.

The principal assets of Xtract are its holdings in Extrem Energy A.S., Elko Energy Inc, Zhibek Resources Ltd and its Oil Shale deposits in Queensland, Australia.

Full Xtract Energy profile here
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Xtract Energy sells more MEO Australia shares for A$2.37 million

3rd Jul 2009, 1:08 pm
Xtract Energy sells more MEO Australia shares for A$2.37 million
Xtract Energy PLC (AIM: XTR) said it sold a further 10.67 million of the shares it holds in MEO Australia Ltd (ASX: MEO) for A$2.37 million.

It reiterated that it will use the money to support the growth of the other investments within its portfolio and for working capital purposes.

Following the latest sale, Xtract retains 14,375,629 MEO shares, or approximately 3.4 percent of the capital.

As a result of the decrease in the size of Xtract's interest in MEO, future announcements made by MEO on the Australian Stock Exchange will no longer be relayed as a matter of routine by Xtract on AIM.

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