Jersey Oil & Gas plc has agreed to farm out a 30% non-operated interest in the Greater Buchan Area (GBA) licences to Serica Energy (UK) Ltd. PARTNERS The GBA contains several oil and gas accumulations, 150km northeast of Aberdeen, of which the largest is the Buchan field. Buchan prouced for 30 years before operations stopped […]
Day: 23 December 2024
United’s preferred partner for Walton Morant exits talks
United Oil & Gas plc preferred potential farm-out partner for the Walton Morant licence has withdrawn two weeks after talks entered a critical stage. LICENCE EXTENSION The company said it would focus on the “recent positive interest” in the Jamaica asset shown by other parties. “The board believes that the renewed interest in exploration opportunities […]
Europa directors Stephen Williams-Simon Oddie retire
Europa Oil & Gas (Holdings) plc directors Stephen Williams and Simon Oddie retired at the company’s general meeting this morning. Resolutions 3 and 4 for a shareholders’ vote on their re-election were withdrawn from the agenda. “These directors were retiring under the one-third rotation provision of the company’s articles of association,” said Europa. “Following consultations […]
United appoints Simon Brett as interim CFO
United Oil & Gas plc has appointed Simon Brett as interim chief financial officer and company secretary, effective immediately. Mr Brett has sectoral and public market experience having worked 14 years at Barryroe Offshore Energy plc in a senior executive position and latterly ten years as CFO. He previously held senior finance positions with Coca […]
Reabold receives new requisition notice for general meeting
Reabold Resources plc has received a new requisition notice from Pershing Nominees Ltd for a general meeting to replace the entire board with new directors. The oil and gas investor said yesterday that the notice, dated 15 November 2023, was delivered to its registered office by courier on 21 November 2023 after 5pm and by […]