StockMarketWire.com - Anglo African Oil & Gas said it raised £6.0m from a share placing to complete the drilling of a well in the Republic of Congo and probe potential acquisitions.

News shares in the company were issued at 10p each.

The TLP-103C well at the company's Tilapia field encountered an aggregate of 44 metres of oil columns across multiple horizons.

The company is planning to continue drilling the well towards the deeper Djeno horizon.


At 1:33pm: [LON:AAOG] Anglo African Oil Gas Plc Ord 5p share price was -1.25p at 9.95p



Story provided by StockMarketWire.com