Enegi Oil announces placing - provides update on Fyne field

February 2014
World Energy News;2/25/2014, p18
The article focuses on the profit raised by the oil and gas company Enegi Oil by placing 24,845,105 new ordinary shares at an average price of 8.07 pence per ordinary share. The company has entered into an Equity Swap with the investment manager YA Global Master SPV Ltd. for a period of 12 months. Views of Alan Minty, chief executive officer (CEO) of the Enegi on the operations of various oil fields is presented.


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