Finance Metals & Minerals News

Altus’ loan facility with La Mancha extended by six months

Altus Strategies plc said that the maturity date of the strategic loan facility from La Mancha Fund SCSP has been extended by six months to 31 December 2022. FLEXIBILITY The company added that all other terms of the facility remain unchanged. La Mancha is Altus’ largest shareholder, owning 35.08% of the issued share capital. “The […]

News Oil & Gas

UKOG granted additional year for Horse Hill work programme

UK Oil & Gas plc (UKOG) said it had been granted a one-year extension to the agreed retention area work programme at Horse Hill oil field and its underlying Kimmeridge oil pool. DEADLINE The North Sea Transition Authority granted the extension for PEDL137 licence, allowing the company to drill a second Horse Hill Kimmeridge well, […]

Company Moves News Oil & Gas

Reabold appoints Chris Connolly as CFO

Reabold Resources plc has appointed Chris Connolly as chief financial officer. Mr Connolly has more than 16 years’ experience in the resource industry and joins the company from EnQuest plc, where he was group financial controller. He has worked across the resources industry having initially trained at Ernst & Young LLP before moving to Canamens […]

Company Moves News Oil & Gas

Predator appoints Alistair Jury as NED

Predator Oil & gas Holdings plc has appointed Alistair Jury as non-executive director with immediate effect. Mr Jury has more than 25 years’ experience in the energy industry in various finance and commercial roles with ExxonMobil, Unocal, Murphy, Svenska Petroleum and a number of AIM and business start-ups in the energy sector. He sits on […]