Europa Oil & Gas (Holdings) plc independent non-executive director (NED) William Ahlefeldt is to retire with immediate effect. Mr Ahlefeldt, who began his career in 1982 as a petroleum engineer with Maersk, has been a director of Europa since 2004. He was instrumental in bringing Europa to the AIM Market of the LSE in 2004 […]
Month: November 2024
Rockhopper-Italy to work jointly over €247m award
Rockhopper Exploration plc and Italy must work together over the €247m Ombrina Mare award, before the oil and gas explorer is allowed to take legal action. PROVISIONAL STAY The ICSID award relates to compensation from Italy’s ban on oil and gas exploration within 12 miles of the Italian coastline, which affected Rockhopper’s activities. In October […]
Hurricane directors-PCAs purchase total 1.5m shares
Hurricane Energy plc reported a purchase of a total 1,483,776 ordinary shares by directors and persons closely associated (PCA) with them. The company’s chairman Philip Wolfe and Lucy Wolfe (PCA of chairman) purchased 1,354,556 shares each at 7.6 pence; Kaye Bridgewater PCA of chief executive officer Antony Maris: 64,610 each at 7.7 pence; Nicolie Chaffe […]
Sunrise progresses sample tests from Pioche trenching
Sunrise Resources plc reported progress at its sepiolite project near the town of Pioche in Lincoln County, Nevada, USA. PROJECT The company has granted Spanish company Tolsa S.A., the world’s largest producer of sepiolite, an exclusive option to purchase the project claims for US$1.25 million cash by 28 December 2023. Sunrise retains a 3% net […]
Harbour notes oil discovery offshore Mexico
Harbour Energy plc said that the Kan-1 exploration well had discovered oil in the joint venture (JV) Block 30 in the Sureste Basin, offshore Mexico. KAN-1 The Kan-1 exploration well lies 25km off the Tabasco coast in 50 metres of water. Harbour said that the well was drilled to a total measured depth of 3,317m […]
UKOG prepares to run electric logs in Pinarova-1
UK Oil & Gas plc (UKOG) plans to run electric logs to identify oil pay after an initial 107 metre open hole swab test proved inconclusive in the Pinarova-1 exploration well in Turkey. PRIMARY TARGET The company is testing the site to learn whether the well is fed by and connected to a 9km2 light […]