ADM ENERGY PLC LS-,01 (P4JC)

Overview

ADM Energy plc is a natural resource investment company primarily focused on the energy sector. The company has a strategic interest in oil mining licenses located off the coast of Nigeria, specifically in OML 113 and OML 141, which together cover a significant area of over 2,000 square kilometers. Originally founded in 2004 and initially operating under the name MX Oil plc, the company underwent a rebranding to ADM Energy plc in June 2019. Headquartered in London, United Kingdom, ADM Energy's core business revolves around its investments in the exploration, development, and production phases within the oil and gas industry, alongside engagements in the metals and minerals sector.

Products and Services

• Interests in OML 113

This offshore license encompasses an area of 835 square kilometers and is part of ADM Energy's portfolio in Nigeria. It represents the company's commitment to investing in and developing valuable energy resources in West Africa. The interest in OML 113 underscores ADM's strategic focus on oil and gas exploration and production in the region.

• Interests in OML 141

OML 141 is another significant part of ADM Energy's operation in Nigeria, covering an expansive area of 1,295 square kilometers. Like OML 113, this license is integral to the company's involvement in the exploration and extraction of oil and gas resources, contributing to ADM Energy's overall production capabilities and asset portfolio in Nigeria.

• Investments in Metals, Minerals, and Oil and Gas Projects

Beyond its primary operations in the oil sector, ADM Energy also diversifies its investment portfolio by engaging in projects related to metals and minerals. This diversification allows ADM Energy to spread its investment risk and tap into other lucrative markets within the natural resources sector, further solidifying its position as a comprehensive natural resource investment company.