Helium One Global Ltd received £44,311 following notices to exercise warrants over a total 1,560,230 ordinary shares. Following admission, the company’s issued share capital will consist of 601,322,295 ordinary shares, with voting rights. Helium One holds no ordinary shares in treasury.
Oil & Gas
United raises production guidance after ‘landmark’ 2020
United Oil & Gas plc recorded its first year of revenues in 2020 and raised 2021 full-year production guidance for its licences in Egypt. ABU SENNAN Results for the year ended 31 December 2020 showed group profit of $850,000 with $9.1m (£6.5m) revenues from its Rockhopper Egypt acquisition (28 February – 31 December 2020). United’s cash capital […]
IOG signs off Blythe-Southwark platforms
Independent Oil and Gas plc (IOG) today announced the mechanical completion of the Blythe and Southwark platforms, with installation due by the end of June 2021. CONSTRUCTION The gas company added that, following the arrival of the Noble Hans Deul rig at Elgood, it had also full drawn its bond escrow account into unrestricted cash. […]
EnQuest to acquire Bentley heavy oil discovery
EnQuest plc has agreed to acquire the proven North Sea Bentley heavy oil discovery from Whalsay Energy Holdings Ltd. OPPORTUNITIES The share purchase agreement (SPA) for 100% equity interest in licence P1078 is through the acquisition of Whalsay’s subsidiary, Whalsay Energy Limited (WEL) on a cash, liability and debt free basis. “This discovery is within […]
VOG settles gas invoices and agrees £1.25m loan
Victoria Oil & Gas plc (VOG)’s wholly owned subsidiary, onshore gas producer and distributor Gaz du Cameroun SA (GDC) in Cameroon, has settled gas invoices and agreed a loan note. INVOICES The agreement relates to take-or-pay invoices with Eneo Cameroon S.A. of 2.74 billion CFA franc ($5m/£3.58m) to GDC. The settlement signed on 16 April […]
Target of 78% cut in emissions to be enshrined in UK law
The Government will enshrine in UK law the world’s most ambitious climate change target to reduce emissions by 78% by 2035 compared with levels in 1990. In line the independent Climate Change Committee’s recommendations, this sixth Carbon Budget limits the volume of greenhouse gases emitted over a five-year period from 2033 to 2037, taking the […]