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Enegi Oil raises £429,000 via a placing at 13 pence

Enegi Oil ( LON:ENEG ) said this morning it has raised £429,000 via a placing of shares at 13 pence each, a modest premium to last night’s close. The cash will be used to meet the company’s working capital requirements. Chief executive Alan Minty acquired 400,000 shares in...

Enegi Oil says the next stage of Garden Hill South workover has begun

Enegi Oil ( LON:ENEG )  said this morning that the next stage of the workover has begun at Garden Hill South in Newfoundland with chemically condition crude being pumped down well PaP#1-ST#3. The work being carried out by Schlumberger will ready the well for commercial production. Howe...

Welcome to Enegi Oil Plc, an independent oil and gas group operating in Atlantic Canada and Ireland, which listed on the Alternative Investment Market of the London Stock Exchange on 20 March 2008.

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