News Oil & Gas

Tullow NED purchases 200,000 shares

Tullow Oil plc non-executive director Roald Goethe has bought 200,000 ordinary shares of 10 pence each in the company at an average price of £0.36 per ordinary share. Two purchases of a total 128,465 shares for £46,063.54 took place on 15 April. A third purchase of 71,535 shares for £26,467.95 was on 16 April.

Company Moves News Oil & Gas

Predator appoints Geoffrey Leid as T-Rex director

Predator Oil & Gas Holdings plc has appointed Geoffrey Leid as a director of its subsidiary T-Rex Resources (Trinidad) Ltd. The company has also awarded Mr Leid three million unallocated share options on his appointment. The options, issued on 18 April 2024, are exercisable at 12.5 pence per share. One million share options vest immediately and the […]

Legal News Oil & Gas

NSTA fines NEO £100,000 for venting breach

NEO Energy Production UK Ltd (NEO) has been fined £100,000 for breaching its combined vent consent for the Donan, Lochranza and Balloch fields 200km northeast of Aberdeen.  FAILURE The North Sea Transition Authority said that venting approval, issued for 1 January to 31 December 2022, allowed for 1.035 tonnes of venting per day, equivalent to […]

News Oil & Gas

i3 sells certain Canadian royalty assets for $25m

i3 Energy plc’s subsidiary in Canada has agreed to sell certain of its royalty assets for gross cash of US$24.81 million (£19.9m). GROWTH The company said that the definitive transaction, with a “newly formed private royalty company” marked the next step in changing i3’s capital structure. The deal will also enhance its financial flexibility through […]

Company Moves Metals & Minerals News

Anglesey appoints Robert Marsden as CEO

Anglesey Mining plc has appointed Robert (Rob) Marsden to the board as chief executive officer, with effect from 1 May 2024.  Mr Marsden, who replaces Jonathan Battershill, is a mining engineer with 29 years’ experience in commodities including copper, diamonds, gold, silver, coal, industrial minerals and iron ore. He has worked in Australia, Botswana, Brazil, Chile, […]