Company Moves News Oil & Gas

Ascent appoints Gilles Thieffry as chairman

Ascent Resources plc said it intended to appoint Gilles Thieffry to the board as non-executive chairman. The company also created a new joint venture special purpose vehicle with Delta Energy Corp SARL, focusing on new development opportunities in “world-class proven hydrocarbon basins”. Mr Thieffry has four decades’ legal experience with expertise in capital markets, structured […]

Finance News Oil & Gas

United receives $591,595 over Abu Sennan

United Oil & Gas plc has received US$591,595 relating to receivables from its previous interest in the Abu Sennan licence, onshore Egypt. The payment, expected to be $620,000, was from national oil company Egyptian General Petroleum Corporation. United said it continued to engage with EGPC regarding a small outstanding balance.

Company Moves Metals & Minerals News

Cornish Lithium appoints Gary Steven as NED

Cornish Lithium plc announced new board changes with the appointment of Gary Steven as a non-executive director while NED Adam Howard steps down. Mr Howard leaves with immediate effect to become chief financial officer at Invinity Energy Systems. “I extend my thanks to Adam for his contributions as a non-executive director and wish him every […]