Neptune Energy today reported first oil production from its operated Rӧmerberg 6 well in the city of Speyer, southwest Germany. PRODUCTION The company said that initial production tests indicated flow rates of up to 1,800 barrels of oil equivalent per day (boepd). Römerberg 6 is the ninth production well on the field and Neptune expects […]
Day: 15 November 2024
Capricorn to accept ‘a number’ of Palliser nominees
Capricorn Energy said it was prepared to add a number of the nominees put forward by shareholder Palliser Capital Master Fund Ltd (32%) to its board before holding a requisitioned general meeting (GM). NOMINEES The company published its decision in an open letter dated today, 9 January, to Palliser. It follows the shareholder’s call for […]
Shareholder calls Capricorn ‘self-serving’
Palliser Capital Master Fund Ltd has urged Capricorn Energy plc to reconsider the timing of a general meeting (GM) to approve the proposed merger with NewMed Energy and Palliser’s requisitioned GM on Capricorn’s board changes. DATES Capricorn earmarked 1 February for the requisitioned GM, but the shareholder (32%) called for it to be held no […]
Tolsa stakes further claims at Pioche
Sunrise Resources plc said that 31 additional mining claims have been staked by potential purchaser Tolsa USA Inc at the Pioche sepiolite project in Nevada, USA. DRILLING Sunrise said that the new claims more than double the size of the project and cover projected extensions of the sepiolite deposits outlined in the 2022 mapping and […]
Guillaume Vermersch nominated Serica NED
Serica Energy plc said nominee Guillaume Vermersch will join the board as non-executive director on completion of the company’s acquisition of Tailwind Energy Investments Ltd. Tailwind’s largest shareholder Mercuria Energy Group made the nomination, along with that of Robert Lawson, under the terms of the sales and purchase agreement. Mr Vermersch is Mercuria’s group chief […]
Robert Lawson nominated Serica NED
Serica Energy plc said nominee Robert Lawson will join the board as a non-executive director on completion of the company’s acquisition of Tailwind Energy Investments Ltd. Tailwind’s largest shareholder Mercuria Energy Group made the nomination, along with that of Guillaume Vermersch, under the terms of the sales and purchase agreement. Mr Lawson spent 32 years […]