Predator Oil & Gas Holdings plc raised £1,500,000 before expenses after conditionally placing 10,000,000 new ordinary shares at a placing price of 15 pence each. The company said that the placing was significantly oversubscribed.
Day: 15 November 2024
VOG receives $5.1m from invoices to boost Doula projects
Victoria Oil & Gas plc (VOG)’s said it had received US$5.1 million from outstanding invoices, which will strengthen its working capital for its projects in port city of Doula, Cameroon. The company’s subsidiary, Gaz du Cameroun (GDC) agreement is with Eneo and related to take-or-pay invoices for October, November and December 2019 plus associated interest. VOG […]
Hurricane at risk without shorter FPSO charter
Hurricane Energy plc said it needed a shorter charter for the Aoka Mizu FPSO than initially agreed to avoid winding down and halting operations at the Lancaster field. COSTS The three-year initial term of the charter expires in June 2022 unless the oil and gas company meets the 4 June deadline to extend for three years […]
Red Rock raises £202,205 through warrant exercise
Red Rock Resources plc said it had received £202,205.88 following notices to exercise warrants over 26,960,784 new ordinary shares of 0.01 pence each in the company. The warrant shares are being issued pursuant to the exercise of 26,960,784 warrants into shares at an exercise price of 0.75 pence per share.