Europa Oil & Gas (Holdings) plc has agreed a £1 million loan from Wressle onshore hydrocarbon partner Union Jack Oil plc for its developments that could include the Serenity offshore oil discovery. TERMS The loan is for 18 months and secured against an unencumbered 10% interest in the Wressle field (PEDL180, and PEDL182), with associated […]
Month: November 2024
UKOG appoints Guzyal Mukhametzhanova as CFO
UK Oil & Gas plc has appointed Guzyal Mukhametzhanova as chief financial officer (CFO) in a non-board position. She replaces Matt Gormley who is leaving the company for a new post. Ms Mukhametzhanova started her career within KPMG’s energy and natural resources practice before joining JKX Oil and Gas Ltd as group financial controller and […]
UK Oil & Gas CFO Matt Gormley steps down
UK Oil & Gas plc chief financial officer Matt Gormley has stepped down. Mr Gormley, who was appointed to the post in November 2021, is leaving for a new position.
UKOG raises £3 million via discounted placing
UK Oil & Gas plc (UKOG) raised £3 million in a discounted placing 3,428,571,425 new ordinary shares each at 0.0875 pence. The company said the placing price represented a discount of 20.3% to the closing price of 0.1098 pence per ordinary share on 9 September 2022. The placing shares are equal to 16.25% of the […]
Prospex receives £80,000 via warrant exercise
Prospex Energy plc received £79,999.50 following notice for the exercise of warrants to subscribe for 2,666,650 new ordinary shares of 0.1p each in the company. The warrants were issued pursuant to a warrant agreement in February 2022, relating to a placing announced in March 2021. The exercise price is 3 pence per warrant exercised. Following admission, Prospex […]
FCM appoints Carlos Espinosa to subsidiary board
First Class Metals plc has appointed Carlos Espinosa to the board of its 100% owned subsidiary First Class Metals Canada Inc. Mr Espinosa is a mining executive with more than 30 years’ experience within Canadian capital markets, international business development and commercial banking. He is currently chief executive at RooGold Inc. and director at Monarca Minerals […]