Corcel plc said that sustained gas production at 20,000m³ a day had been confirmed from the EI-1 well in the IRAI field in the state of Bahia, Brazil. DECISION Operator Petroborn Óleo e Gás S.A. re-entered the well to test the gas zone at 417m and is currently connecting it to existing gas production infrastructure […]
Day: 21 February 2025
Guardian issues 125,588 shares in warrant exercise
Guardian Metal Resources plc has issued 125,588 new ordinary shares of one pence each following a warrants exercise at 17p per warrant share for a total £21,349.96. Following admission, the company’s issued share capital will comprise 127,019,429 ordinary shares of 1p each. The figure will also represent Guardian’s total voting rights.
Borders increases fundraise to £2.2m
Borders & Southern Petroleum plc has raised £200,000 through the issue of 4,210,526 shares at 4.75 pence each in a retail offer “almost three times oversubscribed”. SOUTH FALKLAND The funds raised add to the company’s placing and subscription last week, taking the total to £2.2 million. Following admission, Border’s total number of ordinary shares in […]