Predator Oil & Gas Holdings plc aims to raise a minimum £7 million gross via a placing for institutional investors on completion of an accelerated bookbuild process. USES The company, with onshore oil and gas operations in Morocco and Trinidad, will issue new ordinary shares in the capital of the company at a price to […]
Month: November 2024
Capricorn awards 646,000 share options
Capricorn Energy plc awarded a total 646,202 nil cost options over its ordinary shares each of 490/143 to two directors under the long-term incentive plan approved by shareholders in 2017. PERFORMANCE Chief executive officer Randy Neely received 538,502 options, in accordance with the company’s directors’ remuneration policy approved at the 2023 general meeting. Commercial director Nathan Piper […]
IOG in talks for further waiver on debt
IOG plc is in discussions with bondholders for a further waiver on the postponed interest payment due today under the €100 million senior secured bond. STABILITY The company, which owns the Saturn Banks infrastructure and gas licences in the southern North Sea, deferred the initial payment from 20 June to 31 July. IOG today said […]
Tertiary receives Mukai-Mushima North permits
Tertiary Minerals plc has received its delayed permits for soil sampling in the forest areas within Mukai and Mushima North copper licences in Zambia. TARGETS Target C1 in Mushima North showed a “wide, low-grade” intersection of copper mineralisation from recent resampling of core from drill hole RKN800, and sits on the margin of a gravity […]
Egdon transfers Cloughton operatorship to Europa
Egdon Resources plc has transferred operatorship of licence PEDL343 containing the Cloughton gas discovery in North Yorkshire to Europa Oil & Gas (Holdings) plc. PARTNERS Egdon managing director Mark Abbott said the company would focus on near-term priority projects while enabling Europa to progress Cloughton to potential appraisal drilling. The companies received approval from the North […]
Prospex awards total 4.2m share options
Prospex Energy plc awarded a total 4,200,000 share options in the company to directors and staff following the start of gas production from the Podere Maiar-1 well in Italy. PREMIUM The options at 7p per share represent an 11.1% premium to 6.3p, the closing price on 26 July 2023. The awards represent 1.43% of the […]