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Additional information
Additional Information
Market: AIM
Sector: Oil & Gas Exploration & Production
Epic: XTR
News: Latest news
Web Site: Xtract Energy
Other Articles: 06-07-201025-06-201001-06-2010

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Xtract Energy

Xtract Energy

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.

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Friday, July 03, 2009

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

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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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