Rathlin Energy (UK) Ltd has appointed Paul Harris as an independent non-executive director of the board, with immediate effect. Mr Harris is a chartered engineer with 35 years’ experience within the energy sector. He has a technical, regulatory and commercial background and a track record of delivering UK oil and gas projects. Mr Harris’ previous […]
Oil & Gas
JOG issues 775,000 share options
Jersey Oil & Gas plc has granted options over in aggregate 775,000 ordinary shares of 1p each in the company to its directors, senior management and employees. DIRECTORS The options exercise at 82.5 pence per ordinary share over a period of seven years for executive directors / officers and five years for non-executive directors. A […]
Deltic explores funding options for Selene
Deltic Energy plc has progressed work on its Southern North Sea gas licences as it considers options for funding its share of operations. BLACKADDER Post-well analysis and pre-field development planning work has started, adding to current data on the Selene joint venture gas project. P2437 licence has entered its second term with work to date […]
Capricorn holds talks on Egypt gas price
Capricorn Energy plc said it had reached an initial agreement for an improved gas price over its concessions in the Western Desert, Egypt. ASSETS The deal with state oil company Egyptian General Petroleum Corporation (EGPC) also outlines terms to “promote increased investment and production”. An improved gas price would be for “incremental production and new discoveries alongside […]
Kistos notes Jotun sailaway for Balder
Kistos (Holdings) plc said that the upgraded Jotun floating production storage and offloading vessel is undergoing tests ahead of installation in the Balder area in the Norwegian central North Sea. PROLIFIC The FPSO will be towed from the quayside at Worley Rosenberg yard in Stavanger to Åmøyfjorden for inshore sea trials and anchor installation work […]
Harbour NEDs purchase total 39,436 shares
Harbour Energy plc independent non-executive directors Margareth Øvrum and Alan Ferguson have purchased in total 39,436 ordinary shares of 0.002 pence each in the company. On 7 March, Ms Øvrum acquired 18,000 shares at an average price of 186.59 pence per ordinary share. She now holds a direct interest in 26,500 ordinary shares, representing 0.002% of the […]