Finance News Oil & Gas

Deltic marks ‘transformational’ six months

Deltic Energy plc continues to hold a strong balance sheet after a “transformational” first half year from the major hydrocarbon discovery in the Pensacola licence. FINANCES Results for the the six months of 2023 show that the company began the year with £20.4 million cash and ended the period with £9.1m following planned investment of £10m […]

Metals & Minerals News

Power Metal board directors buy total 5m shares

Power Metal Resources plc board directors have purchased a total 5 million ordinary shares of 0.1 pence each for 0.7 pence in the company for a total £35,000. Chief executive officer Sean Wade bought 3m ordinary shares and now holds 14,764,705 ordinary shares, representing 0.71% of the company. Non-executive directors Ed Shaw and Bill Brodie […]

News Oil & Gas

Angus Energy CEO buys 3.3m shares

Angus Energy plc chief executive officer Richard Herbert bought 3,300,000 ordinary shares of 0.002p each in the company at an average price of 0.75434 per ordinary share. Mr Herbert’s holding totals the same number of shares for £24,893 representing 0.09% of Angus’ issued share capital.

News Oil & Gas

Capricorn awards 646,000 share options

Capricorn Energy plc awarded a total 646,202 nil cost options over its ordinary shares each of 490/143 to two directors under the long-term incentive plan approved by shareholders in 2017. PERFORMANCE Chief executive officer Randy Neely received 538,502 options, in accordance with the company’s directors’ remuneration policy approved at the 2023 general meeting. Commercial director Nathan Piper […]

Company Moves Metals & Minerals News Oil & Gas

Corcel appoints new CEO and CFO in board changes

Corcel plc has made a series of board changes with current chairman James Parsons becoming chief executive officer and executive director with immediate effect.  Scott Kaintz moves from the CEO role to chief financial officer and steps down from the board. Antoine Karam joins the board as a non-executive chairman. He is a 45% shareholder […]

Company Moves News Oil & Gas

IGas appoints new CEO and chairman

IGas Energy plc has appointed Chris Hopkinson as chief executive officer and Philip Jackson as non-executive chairman, effectively immediately. Mr Hopkinson joined the company in January 2022 and has been interim CEO since September of the same year. Mr Jackson has been a non-executive director of IGas since 2017, when he was appointed by Kerogen […]