Alpha Energy calls to suspend trading over oil project in Alaska

It needs more time to make announcements on deals about its Mustang Project.

Catalist-listed firm Alpha Energy called for a voluntary suspension of trading, citing that it needs more time to announce a series of transactions related to its Mustang Project in Alaska.

Alpha Energy previously requested a trading halt on 24 September.

“The company will make the relevant announcement and request for the resumption of trading… in due course,” it said.

The Mustang Project is located at North Slope Alaska and focuses on oil exploration and production. Alpha Energy holds 38.2% working interest in the project.

The company stock last traded at 12.5 cents on 12 September.

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