Arkle Resources plc’s joint venture partner plans to focus expenditure on the Carrickittle West area in the south of the Stonepark zinc project in County Limerick. VALUES Group Eleven Resources Corp’s decision follows a review of prospecting on all seven licences. The Canadian operator, which is awaiting results from three drill holes completed in January […]
Day: 17 February 2025
Capricorn mulls Waldorf ‘restructure’
Capricorn Energy plc has engaged English and Norwegian counsel after its Columbus field partner Waldorf UK plc announced plans to restructure. ADMINISTRATION The company is awaiting the overdue final US$22.5 million settlement payment relating to the UK central North Sea asset. Capricorn today said: “Under Waldorf’s plan, certain amendments will be made to the terms […]
Borders issues 500,000 shares in warrant exercise
Borders & Southern Petroleum plc has issued 500,000 new ordinary shares in the company following an exercise of warrants over 500,000 new ordinary shares of 1 pence each. DARWIN The exercise price of 1.5 pence per warrant share gives the company an aggregate £7,500. Following admission, Borders’ total issued share capital of the company will […]