ADM Energy (AIM: ADME) is a natural resource investing company targeting near term production assets in proven oil and gas jurisdictions such as Nigeria.
#ADME is pleased to announce the appointment of Chris Czuppon as COO of ADM Energy USA.🇺🇸
With 25 years’ experience across energy operations, finance, private equity & executive leadership, Chris strengthens the team as ADM advances its mid-continent US transaction.
News Recap: ADME recently announced that it has conditionally raised total gross proceeds £375,000 via placing and subscription.
Catch up on the news here: https://t.co/K0odNNsqyH #ADME
ADME provides an update in relation to trading activity of its investee company, JKT Reclamation, LLC, working capital position and its continued suspension.
Read more here: https://t.co/ccwxazl5pM
A wide-angle look at the scale of Chevron’s infrastructure near the Altoona lease.
This is a serious operating environment, and Altoona sits right in the middle of it. 👇
RNS: https://t.co/qgn0Cj5XkM
#ADME#OilandGas
First Production at Altoona Lease
The immediate vicinity of the Altoona lease is a major area of focus for Chevron (USA), with extensive investment in production facilities & steam flood infrastructure demonstrated in the following pictures.
RNS: https://t.co/qgn0Cj5XkM
#ADME
“We Are At A Tipping Point": Shale Giant Diamonback Says 🇺🇸 Oil Output Has Peaked…
🔗https://t.co/47Dhj3mcTb
The anticipation of "Peak Shale" is a major element of ADM's strategy as discussed in recent interview with @StockBoxMedia.
🔗 https://t.co/TmcNq1XZYb
#ADME
“We Are At A Tipping Point": Shale Giant Diamonback Says 🇺🇸 Oil Output Has Peaked…
🔗https://t.co/47Dhj3mcTb
The anticipation of "Peak Shale" is a major element of ADM's strategy as discussed in recent interview with @StockBoxMedia.
🔗 https://t.co/TmcNq1XZYb
#ADME
#ADME announces that it has agreed to settle an outstanding debt of £20,000 owed to a creditor via the issue of 20,000,000 new ordinary shares of 0.001 pence each at the Issue Price of 0.1 pence per new Ordinary Shares.
Read more here: https://t.co/CHUJtPPipM
Publication of Media Interview
@ADMEplc is pleased to share an interview by Stock Box Media of the Company's CEO, Randall Connally.
The interview is available to view at https://t.co/fRTjo8N5lP
#ADME#StockBox
Publication of Media Interview
@ADMEplc is pleased to share an interview by Stock Box Media of the Company's CEO, Randall Connally.
The interview is available to view at https://t.co/fRTjo8N5lP
#ADME#StockBox
ADM Energy Farm-Out Altoona Oil Lease for Development
@StockBoxMedia spoke to Randall Connally, CEO of @ADMEPLC, following the farm-out of 45% of its interest in the Altoona oil lease,a pivotal move toward unlocking low-cost, high-return U.S. onshore production.
Watch below ⬇
https://t.co/H6fUcM7QLt
➡ ADM Energy farmed out 45% of its Altoona lease for $750K, retaining a 25% free carry in two wells.
➡ Nearby Chevron wells and untested zones on the lease offer strong geological upside.
➡ Permitting and prep are underway, with drilling targeted for Q3 and steady news flow expected.
#ADME #StockBox
🔔Upcoming Interview🔔
@StockBoxMedia spoke to Randall Connally, CEO of @ADMEPLC, following the farm-out of 45% of its interest in the Altoona oil lease,a pivotal move toward unlocking low-cost, high-return U.S. onshore production.
Stay tuned! Full interview coming soon...
#ADME #StockBox
Randall Connally, CEO, commented:
“The Farm-Out and internal, administrative reorganisation of the Company's interests in the Altoona Lease signal the start the Company's focus to initiate further development at the site.”
https://t.co/hMnVS5Zzcy
#ADME
Altoona Lease Farm Out
@ADMEPLC is pleased to provide an update with respect to the Altoona Lease, Kern County, California.
Read the RNS here: https://t.co/hMnVS5Zzcy
#ADME
ADME is pleased to provide an update with respect to its investment in OFX Technologies LLC, and its subsidiary, Efficient Oilfield Solutions LLC, the revenue generating software-as-a-service.
Read more: https://t.co/Cey0g6BuYg
#ADME
Commenting on his appointment to the Board, Mr Connally said ⬇️
"I am grateful and excited to have the opportunity to lead ADM Energy as we focus on realising the potential of our US investments and monetising our interest in the Aje Field.”
🔗 https://t.co/H4c45RJMr3
#ADME
Directorate Change
#ADME is pleased to announce that it has appointed Mr Randall James Connally to the Board of Directors as Executive Director and Chief Executive Officer with immediate effect.
Read the full #RNS here: https://t.co/H4c45RJMr3