News Oil & Gas

Capricorn JV reports new oil discovery offshore Mexico

Capricorn Energy plc’s joint venture partner Eni reported a new discovery on the Yatzil exploration prospect in Block 7 in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico.  YATZIL-1 EXP In a statement, Eni said that preliminary estimates indicated that the new finding may contain around 200 million barrels of oil […]

Finance News Oil & Gas

Predator raises £2m via conditional placing

Predator Oil & Gas Holdings plc has raised £2 million before expenses from a conditional placing. The company placed 15.5 million new ordinary shares of no par value, and 20,863,636 existing ordinary shares of no par value in the company transferred by chief executive officer Paul Griffiths, each at a placing price of  5.5 pence. Predator said […]

Metals & Minerals News

Altona defers admission to main market

Altona Rare Earths plc’s admission to the main market will now be at the end of March 2023 while the company finalises its prospectus for approval by the Financial Conduct Authority (FCA). The company last week raised £2 million for the transition which was previously expected to be on 20 March, subject to FCA consent. Altona […]