Predator Oil & Gas Holdings plc has issued three million share options to its recently appointed non-executive director and chairman Stephen Boldy. Issued on 1 October, the options are exercisable at 10.5 pence per share with one million immediately vesting. The remaining two million will vest after three months, or on first gas flow rate from the […]
Day: 11 October 2024
Serica notes stable production at Bittern B6
Serica Energy plc said production had stabilised from the Bittern field B6 well in the Triton Area, UK central North Sea. GUIDANCE On 11 September, the well began initial flowback to the Triton floating production storage and offloading vessel. Oil and gas are recorded at a combined gross rate of around 8,000 boepd, net 5,200 […]
Viura-1B initial drill results exceed expectations
Prospex Energy plc reported “better than expected” preliminary results from drilling the Viura-1B development well in northern Spain. GAS SHOWS Drilling began on 22 June and has reached the reservoir with operations due to begin appraisal of a deeper section of the well. The company said that deeper appraisal could “significantly” increase revenues and create […]
Borders & Southern raises £1.5m
Borders & Southern Petroleum plc has raised £1.5 million before expenses by issuing 100m new ordinary shares at a 16.67% discounted price of 1.5 pence per new ordinary share. DIRECTORS DEALINGS The fundraise comprised placing 69,666,666 ordinary shares and subscription of 30,333,334 ordinary shares. Non-executive chairman Harry Dobson subscribed for 28m shares taking his total […]
Kistos appoints James Thomson as deputy CFO
Kistos Holdings plc has appointed James Thomson as deputy chief financial officer with immediate effect. He is expected to become CFO and join the board on 1 January 2025, subject to due diligence, after current post holder Richard Slape steps down at the end of 2024. “I would like to express my gratitude to Richard, who […]