Aggregates West Ltd has appointed Neil Gawthorpe as a director effective on 23 May 2023. The chief executive officer of parent company Tungsten West plc has also been appointed a director at Tungsten West Services Ltd. On 6 May, co-founder and former Tungsten West executive chairman Mark Thompson resigned from Aggregates West and ceased to […]
Day: 13 November 2024
Hurricane Energy profits surge and debt clears
Hurricane Energy plc recorded a surge in post-tax profits from a “challenging and highly successful” year at its Lancaster field operations, west of Shetland. FINANCES Full-year results for the year ended 31 December 2022 showed company revenues increased to $310.8 million from six liftings of Lancaster crude (2021: $240.5m from seven liftings). Profit after tax for the period amounted to […]
Prospex to use strong foundations for organic growth
Prospex Energy plc said it had laid the foundations for organic growth at its operations from the Selva gas field in Italy and electricity generation in Spain. FINANCES Audited final results for the year ended 31 December 2022 showed an increase of the company’s total assets to £16,064,640 (2021: £6,697,305). Prospex added that the 240% […]