Finance Metals & Minerals News

Cadence receives £25,000 via warrant exercise

Posted on Author editorial Comments Off on Cadence receives £25,000 via warrant exercise

Cadence Minerals plc announced it had received subscription monies of £25,500 following notices to exercise warrants for 300,000 new ordinary shares in the company at an exercise price of 8.5 pence per share.

Related Articles
News Oil & Gas

Capricorn agrees Catcher-Kraken sale payments

Posted on Author editorial

Capricorn Energy plc has agreed the final settlement of payment terms from the sale of its previous assets in the Catcher and Kraken fields to Waldorf Production UK plc. CASH FLOWS Under revised terms, Capricorn will now receive $72.5 million over the next 13 months and Waldorf’s 25% non-operated working interest in the Columbus gas […]
News Oil & Gas

Beacon to restart production at Erfelden

Posted on Author editorial

Beacon Energy plc has completed sand jetting operations with coiled tubing on the Schwarzbach-2(2.) well in the Erfelden field in Hessen, Germany. PUMP The company’s subsidiary Rhein Petroleum GmbH expects to restart production “in the coming days” following reinstallation of the rod pump. Beacon said that the impact of the sand jetting would only be known […]
Company Moves News Oil & Gas

Rockhopper recruits ex-Capricorn CEO and COO

Posted on Author editorial

Rockhopper Exploration plc has recruited former Capricorn Energy chief executive officer Simon Thomson and chief operating officer Paul Mayland to develop its South Falklands assets. ARRIVALS Mr Thomson becomes non-executive chairman and Mr Mayland is appointed independent non-executive director (NED), effective 1 October 2023. Mr Thomson was chief executive officer of Cairn Energy, later renamed […]