News Oil & Gas

UKOG targets 2026 for Loxley production and sales

UK Oil & Gas plc has targeted 2026 to produce and sell gas from its 100% owned PEDL234 licence – Loxley – in Surrey. TIMETABLE The news follows publication of a competent persons report (CPR) for “one of the UK’s largest onshore gas discoveries” at 31 billion cubic feet 2C recoverable gas within the licence. […]

News Oil & Gas

Prospex Energy receives £20,000 in warrant exercise

Prospex Energy plc has received £20,000.52 following notices for the exercise of warrants to subscribe for 666,684 new ordinary shares of 0.1p each in the company. USES The exercise price is 3 pence per warrant exercised. “These two warrant conversions are the last two 3p warrants remaining from the equity fund raise that took place […]

News Oil & Gas

Baron receives £62,500 via options exercise

Baron Oil plc received £62,500 following the exercise of options to subscribe for 62,500,000 new ordinary shares of 0.025p each in the company. The options were originally granted to a previous director of the company and have an exercise price of 0.1p per new ordinary share. On admission, Baron’s issued ordinary share capital will consist […]