Proactive investorsLogo Proactive Investors UK Website

Search field

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Epic & Msn data
Epic XTR
Time: 16:14:49
Mid Price: 2.75
Change Today: 0.05 Ascending
Change % Today: 1.85 Ascending
Fifty Two Week High: 4.80
Fifty Two Week Low: 0.90
Market Capital: 23.51
Period & price data
Period Price
Now: 2.75
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: Energy
Epic: XTR
News: Latest news
Web Site: Xtract Energy
Other Articles: 12-02-201012-02-201020-01-2010

Crude Oil

Xtract Energy

XTRACT ENERGY PLC (‘Xtract’) identifies and invests in a diversified portfolio of early stage energy sector technologies and businesses with very significant growth potential. The company works closely with its management teams to achieve critical project milestones, to finance later development stages and to build and crystallise value for all shareholders and partners.

The principal assets of Xtract Energy are its holdings in MEO Australia (ASX: MEO)(11.6%), Elko Energy Inc (35.4%),  Extrem Energy (20%), Xtract Oil (100%), Xtract Energy Oil Shales (70%), Wasabi Energy (19.4%) and Zhibek Resources (25%).

CLICK HERE FOR FULL ANLAYSIS OF XTRACT ENERGY
Friday, July 03, 2009

Xtract Energy sells more MEO Australia shares for A$2.37 million

company news image

Xtract Energy PLC (AIM: XTR) said it sold a further 10.67 million of the shares it holds in MEO Australia Ltd (ASX: MEO) for A$2.37 million.

It reiterated that it will use the money to support the growth of the other investments within its portfolio and for working capital purposes.

Following the latest sale, Xtract retains 14,375,629 MEO shares, or approximately 3.4 percent of the capital.

As a result of the decrease in the size of Xtract's interest in MEO, future announcements made by MEO on the Australian Stock Exchange will no longer be relayed as a matter of routine by Xtract on AIM.

NewsNow icon AddThis Feed Button
Register here to be notified of future Xtract Energy articles.

Other Xtract Energy articles

More articles ►

Other Xtract Energy news

More news ►

Investors interested in Xtract Energy recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.