MetalNRG PLC's (LON:MNRG) Rolf Gerritsen speaks to Proactive London's Katie Pilbeam about the financial close on the acquisition and planned recommissioning of the 1MWe EQTEC Italia MDC plant.
Gerritsen also updates investors on its investment in BritNRG Ltd which had a 100-day operational plan following completion in January 2021 of the acquisition of oil and gas assets in Lincolnshire.
The plan included a workover of one of the blocked-in wells, Whisby No. 6 (W6), which was successfully brought back into production on May 25 without any safety or environmental incidents. The current W6 production is about 50 barrels a day.