Tullow Oil plc non-executive director Roald Goethe bought 100,000 ordinary shares in the company for a total £28,500. The purchases via the London Stock Exchange on 8 March were in two tranches of 50,000 shares, for £0.29 and £0.28 per share.
Day: 19 December 2024
Union Jack increases royalties portfolio in USA
Union Jack Oil plc has added three packages of wells to its mineral royalty portfolio in the United States. PROLIFIC The company’s agent and adviser Reach Oil & Gas Inc brokered the purchases. Top-tier Bakken Shale in the Williston Basin is a “diversified producing 96 well interest package” located in Dunn, McKenzie and Williams Counties, […]
Power Metal new spin-out targets Arabian Gulf
Power Metal Resources plc has established its seventh spin-out, Power Arabia Ltd, which will focus on the Arabian Gulf. DISCUSSIONS The subsidiary is expected to undergo pre-IPO financing to fund activities and listing on the London Stock Exchange. Power Arabia will also cover any projects outside the region in joint ventures with “entities domiciled within the […]