LGO Energy's revenues fell to £1,921,000 in the six months to the end of June - 71% down on last time but pre-tax losses of £1,925,000 were down 24% on a year ago.
The company raised £5,576,284, gross, in the period through the issue of 2,595,122,080 shares at an average price of 0.215p. Of this total, 425,912,746 shares were issued to suppliers for settlement of creditor balances.
After the reporting date, on the 18 August, the company issued 727,877,588 shares at 0.146p to Well Services Petroleum Company Limited for settlement of creditor balances.
At 9:06am: (LON:LGO) LGO Energy PLC share price was +0.01p at 0.1p