Beacon Energy plc expects production testing to begin on two existing wells within the Colle Santo gas field in Abruzzo, Italy.
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Cadence retail offer increases fundraise to £2.25m
Cadence Minerals plc raised £450,000 from its oversubscribed retail offer, adding to the placing and subscription, for a total of £2.25m.
Union Jack support increases to reject Reabold bid
Union Jack Oil plc’s new board has 24.39% support from shareholders to reject Reabold Resources plc’s £6.14m offer.
Borders further increases share capital
Borders & Southern Petroleum has increased its issued share capital following several warrant exercises over its ordinary shares.
Sunrise raises £320,000
Proceeds will advance the company’s base and precious metals projects in Nevada, USA and Australia
Sunda raises £5m to complete New Zealand acquisition
The £5.03 million raised completes payment of its oil and gas acquisition onshore New Zealand.