News Oil & Gas

Angus completes 100% acquisition of Saltfleetby

Angus Energy plc said it had now completed the 100% acquisition Saltfleetby gas licence in east Lincolnshire. OUTSTANDING STAKE The company acquired the entire issued share capital of Saltfleetby Energy Ltd (SEL), which owned 49% working interest in the project, from the seller Forum Energy Services Ltd. Chief executive George Lucan said that the acquisition […]

Finance Oil & Gas

Capricorn suspends $200m share buyback

Capricorn Energy plc said it had suspended its £200 million share buyback following the company’s announcement today to merge with Tullow Oil plc. The suspension excludes the US$25 million tranche announced on 7 April 2022, which is being conducted by JP Morgan Securities PLC on a non-discretionary basis and will end no later than 6 […]

Company Moves Metals & Minerals News

GreenRoc appoints Dr Stefan Bernstein as CEO

GreenRoc Mining plc has appointed Dr Stefan Bernstein as chief executive officer and director, with effect from 1 July 2022.  Dr Bernstein is a Danish geologist with more than 30 years’ experience in corporate and governmental advisory roles in Greenland’s mining sector. He most recently worked for GEUS, the Danish and Greenlandic Geological Survey, responsible for supporting […]

News Oil & Gas

Europa Oil & Gas appoints new advisers

Europa Oil & Gas (Holdings) plc has appointed three new advisers with immediate effect. COMPANIES These include Strand Hanson Ltd as the company’s nominated and financial adviser; Tennyson Securities as sole broker; and Vigo Consulting as communications adviser.

Finance News Oil & Gas

Europa Oil & Gas grants share options to CFO

Europa Oil & Gas (Holdings) plc has issued options to its chief financial officer and executive director. The company has issued options over a total of 3,721,000 ordinary shares of 1 penny each to Will Holland under the company’s enterprise management incentive (EMI) share option plan. The share options have an exercise price of 2.31 […]

News Oil & Gas

Hurricane Energy exits Greater Warwick Area

Hurricane Energy plc has decided to relinquish its interests in the Greater Warwick Area (GWA) joint venture (JV) with Spirit Energy plc in the UK North Sea.  DISCUSSIONS The company said that the JV had reassessed its understanding of the area and considered all options for further appraisal and routes to possible development. “Hurricane has […]