Capricorn Energy plc granted nil-cost options over its ordinary shares of 735/143 pence each, as approved in 2017 by shareholders, to an executive director and PDMRs*. Chief executive Randy Neely, who currently has 2,107 shares, received 571,428; chief operating officer Geoff Probert (none) 428,571 and commercial director Nathan Piper (3,676) 171,428. The awards were of £1.75 per […]
Day: 7 November 2024
Deltic completes 25% Selene farm-out to Dana
Deltic Energy plc has completed its 25% farm-out of southern North Sea licence P2437, containing the Selene gas prospect, to Dana Petroleum (E&P) Ltd. JOINT VENTURE The prospect holds gross P50 prospective resources of 318 bcf over 228km2, being “one of the largest undrilled structures in the world class Permian Leman Sandstone Fairway”. The transaction, […]
GreenRoc extends graphite exploration licence
GreenRoc Mining plc has extended its exploration licence from 68 km2 to 114 km2 at Amitsoq, Greenland. EXTENSIVE The Government of Greenland approved the enlargement, which incorporates the remaining ground within the Nanortalik graphite district “known to host high-grade graphite mineralisation”. “We welcome the approval of our application to bring the highly prospective ground east of the […]
Golden Metal investor increases holding to 4.77%
Golden Metal Resources plc investor The Mega Group has increased its holding after exercising warrants over 1,470,588 new ordinary shares for £158,088.21. The exercise was over ordinary shares of 1 pence each in the company at a price of 10.75p per warrant share. Following admission, Golden Metal’s issued share capital will comprise 92,520,308 ordinary shares of 1p each, with […]
UKOG writes off £400,000 in Turkey as group cash falls
UK Oil & Gas plc posted an impairment of £400,000 from its Turkey operations while group cash more than halved. FINANCES The company’s assets include 5% in onshore Avington field within PEDL070, currently shut in; 100% of Loxley gas discovery and Broadford Bridge oil discoveries,PEDL234; 10% in Horndean PL211; 85.635% in Horse Hill PEDL137 due […]
Ascent Slovenia partner’s insolvency approved
Ascent Resources plc said that the high court has given final approval of its Slovenia joint venture partner Geoenergo d.o.o.’s insolvency. TENDER The company has stated it is owed approximately €8,000,000 of revenues which Geoenergo has already received. Ascent said it was still working to register Ascent Slovenia Ltd (ASL)’s claim in the insolvency proceedings […]