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MX Oil Shares Rise As OML 113 Operator Gains Consent For Renewal

Fri, 24th Aug 2018 12:50

LONDON (Alliance News) - Oil and gas investment company MX Oil PLC said on Friday that the operator of offshore Nigeria licence OML 113 had received consent from the Minister of Petroleum Resources to renew its licence for another 20-year term.

The renewal is now subject to certain conditions, including the commitment to develop the licence's gas potential.

Shares in MX Oil rose 10% to 0.38 pence on Friday.

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1 Apr 2015 07:49

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30 Sep 2014 14:52

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24 Sep 2014 12:20

UPDATE: MX Oil's Mexican Joint Venture Incorporates With Geo Estratos

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24 Sep 2014 09:03

MX Oil Says Mexican Joint Venture Incorporates With Geo Estratos

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12 Sep 2014 16:19

MX Oil Disposes Of GBP400,000 Of Investments To Reinvest In Mexico

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9 Sep 2014 11:44

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1 Sep 2014 16:46

MX Oil Says Unaware Of Reason For Share Price Rise

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12 Aug 2014 09:34

Mexico's struggling oil industry ready to open, MX Oil to benefit

Mexico's struggling oil industry has received its final needed seal of approval, as President Enrique Pena Nieto authorised required legislations to reopen the country's waning energy sector. This follows consent by both the lower congress and the Senate completing the legislative process required

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12 Aug 2014 08:58

MX Oil Optimistic On Reopening Of Mexican Energy Industry

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6 Aug 2014 13:57

Mexico approves energy reforms as fiscal deficit weighs

Plans to reopen Mexico's waning oil industry to the private sector have been approved by the country's parliament. Senators in the region gave the bill the go-ahead and are currently in talks regarding the other supporting bills. Mexico's president, Enrique Pena Nieto, will be able to give his fin

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6 Aug 2014 11:36

MX Oil Buoyed By Mexican Senate Energy Market Reform Approvals

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1 Aug 2014 10:36

UK WINNERS & LOSERS: Smith & Nephew, Rexam Lead Few FTSE 100 Risers

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1 Aug 2014 08:17

Northcote Energy, MX Oil Sign Strategic Deal; MX Seals Joint Venture

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