Deltic Energy plc said its future looked “extremely bright” as it moves into the development phase of its offshore gas interests in the southern North Sea (SNS). STRATEGY In audited results for 2022, chief executive Graham Swindells added the company expected to conduct appraisal work on Pensacola and Selene wells, “each of which will be […]
Day: 15 November 2024
JOG issues 600,000 share options
Jersey Oil & Gas plc (JOG) has granted options over a total 600,000 ordinary shares of 1p each, at an exercise price of 247.50 pence per ordinary share, to its directors, senior management and employees. EXECUTIVE DIRECTORS Chief executive officer Andrew Benitz received 150,000 options, taking his total options held to 800,000. Chief financial officer […]
Oriole issues 7.65m shares for Q1 salary sacrifice
Oriole Resources plc will issue a total of 7,655,885 ordinary shares to members of the board in relation to £21,000 gross salary foregone during Q1 2023. PRICE The shares will be issued at a price of 0.17p which is a 13% premium to the previously agreed pricing under the six-month salary sacrifice scheme agreed in […]
Oriole raises £195,000 via chair subscription
Oriole Resources plc has raised £195,500 via a subscription by its non-executive chair Eileen Carr. A total of 115,000,000 new ordinary shares will be issued at 0.17 pence per share, equal to the the mid-price of the company’s ordinary shares at close of market on 19 April 2023. Following the shares issue, Ms Carr will […]
Tertiary begins 2023 Zambia exploration at Lubuila
Tertiary Minerals plc will start its 2023 exploration season in Zambia at its Lubuila joint venture (JV) project in the central African copper belt. LOCAL PARTNER The company’s partner Mwashia Resources Ltd has the right to earn in up to 90% of four licences including the Lubuila, Mukai, Konkola West and Mushima North projects. Lubuila […]