ADM Energy PLC (LON:ADME) CEO Osa Okhomina tells Proactive that the oil & gas firm has been able to cut production costs significantly following the volatility in the oil market in the last few months.
Okhomina says its Aje field, part of OML 113, continues to produce from the Aje-4 and Aje-5 wells on the Turonian reservoir and it's better positioned to execute its growth investment strategy, including evaluating Nigeria's marginal field bidding round.
