Mustang Energy Plc Reports Decent Deal Flow For H1FY20

  • Oct 30, 2019 GMT
  • Team Kalkine
  • Mustang Energy Plc (MUST) has released its interim results for half-year to 31 July 2019.
  • For the reported period the company had decent deal flow with due diligence ongoing on several of its producing US assets.
  • The company’s acquisition targets remain in £2-50 million range.
  • The company has also informed that overheads were under tight control as the Directors were not receiving any remuneration.
  • On 30th October 2019, at the time of writing, GMT 08:53 AM, MUST shares were trading at GBX 11.00, flat against the previous day closing price.

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