ADM Energy Reports Positive Vega Oil Progress
Company Announcements

ADM Energy Reports Positive Vega Oil Progress

ADM Energy plc (GB:ADME) has released an update.

ADM Energy PLC has reported progress with its 100% owned subsidiary Vega Oil and Gas, noting successful oil sales from the Sneed 415 well in Texas and the imminent completion of a new tank battery to restore production at two more wells. The company anticipates all three Vega wells will contribute to oil sales in Q4 2024, marking a positive advancement in their resource investment strategy.

For further insights into GB:ADME stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskADM Energy Resumes Oil Operations, Eyes Growth
TipRanks UK Auto-Generated NewsdeskADM Energy Updates on Texas Oil Production Progress
TipRanks UK Auto-Generated NewsdeskADM Energy Faces Delays and Continued Trading Suspension
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App