MX Oil plc, an oil and gas investing company quoted on AIM, announced on 4 February 2019 that consent had been received from the Ministry of Petroleum Resources (“MPR”) for the renewal of the OML 113 licence, which is part of the Aje Field, for another term of 20 years.
MX Oil plc, an oil and gas investing company quoted on AIM, announces the following corporate update.
MX Oil plc, the AIM quoted oil and gas investment company, is pleased to announce that besides its focus on Mexico, it is considering a number of near term, cash generative investments in geographies outside of the Americas that could assist in funding the work programmes of its target Mexican assets. However, against this background, it can confirm that it currently has no plans to enter the Indonesian energy sector.