Business
Zak Mir (https://twitter.com/ZaksTradersCafe) interviews Peter Francis, Non-Executive Chairman of ADM Energy on behalf of Align Research Limited (http://www.alignresearch.co.uk/adm-energy/zak-mir-interviews-peter-francis-chairman-of-adm-energy/) ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria. ADM Energy holds a 5% profit interest in the Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria, and in February 2020 entered into an agreement with EER (Colobos) Nigeria Limited to acquire a further 4.2% profit interest. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.