RISC receives testimonial from Advance Energy for recent CPR of Buffalo re-development

RISC recently completed an independent assessment and CPR of the Buffalo re-development that was successfully used to raise over £21 million of Enlarged Share Capital on AIM.

Advance Energy CEO, Leslie Peterkin has thanked RISC for its work on the project that assisted in completing their 50% acquisition in Carnarvon Petroleum Timor, contractor of the Buffalo PSC and Buffalo re-development.

“RISC provided an independent assessment and CPR of the Buffalo re-development that was successfully used to raise over £21 million of   Enlarged Share Capital on AIM. We thank RISC for completing the CPR in a professional, efficient and timely manner and their support with  the AIM Admission.”

 Leslie Peterkin, CEO, Advance Energy Plc, April 2021.

To view RISC’s CPR please click here, or to view our report in the full Admission Document from Advance Energy please click here. RISC’s report begins on page 60.

Buffalo PSC – offshore Timor-Leste