{"id":151291,"date":"2020-09-08T22:25:42","date_gmt":"2020-09-08T22:25:42","guid":{"rendered":"https:\/\/www.bnreport.com\/anglo-african-oil-gas-is-actively-reviewing-acquisition-opportunities\/"},"modified":"2020-09-08T22:25:42","modified_gmt":"2020-09-08T22:25:42","slug":"anglo-african-oil-gas-is-actively-reviewing-acquisition-opportunities","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/anglo-african-oil-gas-is-actively-reviewing-acquisition-opportunities\/","title":{"rendered":"Anglo African Oil & Gas is actively reviewing acquisition opportunities"},"content":{"rendered":"

Anglo African Oil & Gas PLC<\/a> (LON:AAOG<\/a>) told investors it is actively reviewing acquisition opportunities.<\/p>\n

The company, which agreed to divest its assets in the Congo earlier this year, reported its interim results which included a \u00a3462,000 loss from continuing operations reduced from \u00a32.21mln in 2019, with lower spend on staffing costs and overhead.<\/p>\n

\u201cWith the sale of AAOGC the company continues to review and reduce overhead costs, as it seeks new opportunities,\u201d said Sarah Cope, AAOG chair.<\/p>\n

READ: Anglo African agrees new exit price<\/a>[hhmc]
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\u201cThe company is now actively seeking an acquisition of an asset or a company with the ability to increase value for shareholders and the board is actively reviewing opportunities.<\/p>\n

\u201cWith the sale of its only asset in May 2020, the company is currently an AIM Rule 15 cash shell and is currently looking at opportunities for acquisitions that will establish a near term cash gRead More \u2013 Source<\/a>
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Proactiveinvestors<\/a><\/h5>\n

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Anglo African Oil & Gas PLC (LON:AAOG) told investors it is actively reviewing acquisition opportuni..<\/p>\n","protected":false},"author":1,"featured_media":151292,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-151291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nAnglo African Oil & Gas is actively reviewing acquisition opportunities - Business News Report<\/title>\n<meta name=\"description\" content=\"Anglo African Oil & Gas PLC (LON:AAOG) told investors it is actively reviewing acquisition opportuni..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/anglo-african-oil-gas-is-actively-reviewing-acquisition-opportunities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Anglo African Oil & Gas is actively reviewing acquisition opportunities - 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