Alto Energy International Limited (ASX: AOI) is pleased to announce the appointment of Mr James M Trimble as Managing Director and Chief Executive Officer. Mr Trimble is based in Houston and has been a Director of the company since February 2006. The appointment signals a new focus on further capitalising on new opportunities in the US, particularly in traditional onshore oil and gas prospects.
Alto Energy International Limited (ASX: AOI) (Alto) is pleased to provide an update of its Appalachian operations.
Alto Energy International Limited (ASX: AOI) (Alto) is pleased to announce that following its recent drilling program in the Appalachian Basin in the US, it has commenced production in the Home Run Project in Kentucky.
Alto Energy International Limited (ASX: AOI) (Alto Energy) has been advised by the US based Operator of the Cornstalk Project in West Virginia, Ascent Energy Inc, that the first well in the West Virginia drilling program has been successfully drilled and cased. The well is the first in an approved five well drilling programme.
One of Australia's early movers into the lucrative US shale gas market, Alto Energy (ASX: AOI) today announced it had completed its merger with Lach Drummond Resources Limited (ASX: LDR) and will begin trading today on the Australian Stock Exchange under the code AOI.