Company Moves News Oil & Gas

Serica chairman Tony Craven Walker to stand down

Serica Energy plc’s chairman Tony Craven Walker will after 18 years’ service stand down from his post and the board at the end of the company’s general meeting in June. The announcement, made in Serica’s results for the year ended 2022, added that his successor will be David Latin who was recently appointed board non-executive […]

News Oil & Gas

Harbour chairman sells 2m shares for £6.38m

Harbour Energy plc chairman R. Blair Thomas has sold two million shares in the company for approximately £6.3 million. DIRECTOR DEALINGS On 8 February 2023, EIG Separate Investments (Cayman) LP closely associated with Mr Thomas sold 665,290 each at a price of approx. £3.18; on 9 February 584,710 shares each at approx. £3.19; and 10 February […]

Metals & Minerals News

Corcel chairman swaps four months’ salary for shares

Corcel plc’s chairman will for four months receive shares in lieu of a monthly salary to reduce the company’s cash burn and ensure alignment with its shareholders. The company agreed to James Parsons’ proposal that beginning in February he will receive his monthly salaries and certain obligations from 2021 in the form of 16,910,618 new […]

Finance News Oil & Gas

i3 Energy reports chairman and CEO share dealings

Oil and gas company i3 Energy plc announced share dealings by two directors of the company. PURCHASE Chairman John Festival purchased 1,000,000 ordinary shares of 0.01 pence each in the company at CAD0.355 per share. He now has 2,602,360 ordinary shares, representing 0.22% of the company’s issued share capital. Chief executive officer Majid Shafiq purchased […]

Company Moves Metals & Minerals News

Chesterfield appoints Paul Ensor as executive chairman

Chesterfield Resources has appointed Paul Ensor as executive chairman with immediate effect. He replaces Martin French whose resignation was announced today. Mr Ensor has acted in senior executive, non-executive and advisory roles to a number of junior companies in the natural resources sector. He joined Chesterfield Resources as a non-executive director in February 2021. Chesterfield […]