26 Jun 2019 15:39
26 June 2019
Andalas Energy and Power Plc
('Andalas' or the 'Company')
Company presentation
Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company (AIM: ADL), is pleased to announce that a new Company presentation and associated video cast about the recent Betun Selo KSO transaction is now available for all shareholders on the Company's website.
Please visit: http://www.andalasenergy.co.uk/media-centre/
The video cast discusses the upcoming short 4-well work programme that will take place during July and August on the Betun field. The work programme involves the working over of the existing 4-wells including perforating some but not all of the wells using downhole explosives. There is a requirement to secure an explosive permit from the government which is anticipated will be secured in advance of the start of the programme but is not conditional on commencement of the programme. The sequencing of the work programme may vary dependent on the availability of equipment, permitting and the test results from each well.
Andalas will be providing regular updates to shareholders as it progresses the program.
For further information, please contact:
Simon Gorringe | Andalas Energy and Power Plc | Tel: +44 1624 681250 |
Graham Smith | FIM Capital Limited | Tel: +44 1624 681250 |
Roland Cornish/ James Biddle | Beaumont Cornish Limited(Nominated Adviser) | Tel: +44 20 7628 3396 |
Colin Rowbury | Novum Securities Limited(Joint Broker) | Tel: +44 207 399 9427 |
Christian Dennis | Optiva Securities Limited(Joint Broker) | Tel: +44 20 3411 1881 |