Hurricane Energy plc has appointed Juan Morera to the board as a non-executive director with immediate effect. The move follows a request from shareholder activist investor Crystal Amber Fund Ltd. Mr Juan Morera Calveras (Juan Morera), aged 39, is a CFA qualified investment analyst with more than 10 years’ experience. He currently works as an […]
Day: 15 November 2024
i3 agrees Europa farm-in for Serenity oil field
i3 Energy plc has agreed 25% non-operated working interest farm-in for the Serenity oil discovery to Europa Oil & Gas (Holdings) Ltd. DISCUSSIONS Europa’s interest is in a sub-area of licence P2358 Block 13/23c, containing Serenity, for which it recently raised £7 million. The company will fund a 46.25% paying interest for one appraisal well […]
Baron Oil continues focus on Chuditch
Baron Oil plc said it would continue to focus on its existing operated Chuditch gas PSC following the end of the second licensing round in Timor-Leste. CHUDITCH PSC The company’s subsidiary, SundaGas Banda Unipessoal Lda had conducted a detailed evaluation of the offshore blocks available in the round before concluding to focus on Chuditch. The […]
Altus Strategies appoints Gérard De Hert as NED
Altus Strategies plc has appointed Gérard De Hert as a non-executive director (NED) of the company with immediate effect. Mr De Hert is managing director (technical services) at La Mancha Holding S.à r.l, where he oversees the technical assessment of new and existing investments. He has worked for more than 20 years on the appraisal and extraction of several of […]
Altona representative in Malawi no longer NED
Altona Rare Earths plc announced that its local representative partner in Malawi, Hilton Banda, is no longer a non-executive director (NED) of the company with immediate effect. The news follows the company’s decision to exit the project. Altona appointed Mr Banda as NED in November 2021.
Altona exits Chambe project
Altona Rare Earths plc announced it had terminated its interest in the Chambe project in Malawi. CONDITIONS PRECEDENT The company added that its local joint venture partner had failed to complete the conditions precedent as set out in an agreement. Altona said it had spent only minimal costs, mainly relating to due diligence, on the […]