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ADM Energy Farm-Out Altoona Oil Lease for Development
ADM Energy Farm-Out Altoona Oil Lease for Development In this exclusive interview, StockBoxMedia speaks with Randall Connolly, CEO of ADM Energy (LSE: ADME), following the announcement of a key farm-out agreement on the Altoona oil lease in California. ADM has secured a $750,000 investment from private partners in exchange for 45% of its 70% interest, retaining a 25% free carry in two upcoming wells. Discover why this deal is seen as a cornerstone for ADM’s rebuild strategy, the geological upside from Chevron’s nearby producing wells, and how ADM plans to unlock low-cost, high-return U.S. onshore oil production. 📌 Topics Covered: ADM Energy’s Altoona farm-out deal Oil production potential near Chevron US onshore oil strategy and investor updates Project milestones and drilling timeline 🔗 Latest Research Talks Video: https://youtu.be/UWc6uvu64rQ 📰 Sign up to our newsletter: https://mailchi.mp/stockboxmedia.com/... 🐦 Follow us on X: https://x.com/StockBoxMedia 🔔 Subscribe and turn on notifications to stay updated with the latest interviews, company updates, and market insights from StockBox Media. #ADME #StockBox #investing
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