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AIM:ADME

ADM Energy PLC

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Market:
AIM
Market Cap:
£7.3 m
Price
5.95 GBX
Change
0.85%
52 weeks high
8.25
52 weeks low
1.80

In brief

ADM Energy is a natural resources investing company with an existing asset base in Nigeria in the Aje Field, part of OML 113. Aje has multiple oil, gas and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.

ADM Energy is targeting investment opportunities across West Africa in the oil and gas sector with attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure, route to early cash flow.

Snapshot

  • Aje field is producing and growing
  • Minimal COVID disruption
  • Oil sales recently resumed
  • Teamed-up for new opportunities