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Pin to quick picksWestmount Engy. Share News (WTE)

Share Price Information for Westmount Engy. (WTE)

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IN BRIEF: Westmount Energy Buys 288,000 JHI Associates Shares

Mon, 18th Jan 2021 12:07

Westmount Energy Ltd - South America-focused energy investor - Purchases 287,500 shares in JHI Associates Inc at a cost of CAD718,750, or GBP415,166. Says it holds a total of 5.7 million shares in JHI following the purchase, representing approximately 7.7% of the issued shares. Notes JHI's main asset is an 18% interest in the Canje Block, offshore Guyana.

"This investment is consistent with Westmount's strategy of seeking exposure to opportunities in the prolific Guyana-Suriname Basin, which the board considers to be a major emerging hydrocarbon province," says Westmount.

Current stock price: 20.20 pence

Year-to-date change: up 15%

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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