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ADM Energy Plc(ADME)

Description: ADM Energy PLC, formerly MX Oil plc, is an investment company. The Company primarily invests in natural resources, minerals, metals, and oil and gas projects. The Company is a resources company primarily targeting near term production assets in various oil and gas jurisdictions, such as Mexico and Nigeria. The Company has investments in the Nigerian OML 113, which consists of the Aje field and over nine other additional prospects that serves the Company with a near-term producing asset. OML 113 covers an area of approximately 840 square kilometers offshore Nigeria close to the Benin border. Aje has multiple oil, gas and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones. The Company has drilled approximately five wells in the OML 113 property. The Company's subsidiary is Geo Estratos MXOil, SAPI de CV, which is engaged in oil exploration.


Keywords: Oil And Gas Metals Mineral Gas Natural Resource Natural Resources Oil Exploration Drill Targeting Oil And Gas Projects Eland Oil & Gas Reservoir Aje Onajite Okoloko

Home Page: www.admenergyplc.com

ADME Technical Analysis

60 Gracechurch Street
London, EC3V 0HR
United Kingdom
Phone: 44 20 7459 4718


Officers

Name Title
Mr. Richard James Carter ACMA, CGMA COO & Exec. Director
H.H. Shaikh Ahmed Bin Dalmook Al Maktoum Pres
Mr. Lionel Therond CFA Chief Financial Officer
Thato Mngomezulu Head of Corp. Communications & New Ventures
Mr. Wilhelmus Burgers Geologist & Geophysical Lead
Dr. Babatunde Pearse Chief Engineer
Mr. Darrell Lee McKenna Drilling & Surface Engineering Lead
Mr. Satinder Purewal Petroleum & Reservoir Engineering Lead
Lewis Boddy Financial Controller

Exchange: LSE

Country: UK : United Kingdom

Currency: Pence sterling (p)

Forward PE: 0.2159
Trailing PE: 0
Price-to-Book MRQ: 0.1602
Price-to-Sales TTM: 1.2334
IPO Date:
Fiscal Year End: December
Full Time Employees: 6
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