Finance Metals & Minerals News

Condor receives £850,000 via NEDs shares purchase

Condor Gold plc has received an additional £851,999 via directors dealings following its chairman’s recent £1 million investment. NON-EXECUTIVE DIRECTORS The company issued 5,679,994 new ordinary shares each at £0.15, principally to existing shareholders. As part of the placing non-executive directors Andrew Cheatle and Ian Stalker have subscribed, directly or indirectly, for 33,333 and 66,666 […]

Equipment & Logistics Finance News Oil & Gas

Baron Oil extends Chuditch-2 drilling schedule

Baron Oil plc’s subsidiary has secured a six-month extension to the production sharing contract ahead of committing to drilling the Chuditch-2 appraisal well, offshore Timor-Leste. PREPARATIONS The PSC for the company’s wholly owned subsidiary and operator SundaGas Banda Unipessoal Lda now ends on 18 June 2024. A formal decision on whether to enter the drilling phase for […]

Finance News Oil & Gas

Deltic on course to drill Selene and Pensacola wells

Deltic Energy plc preparations continue for drilling the Selene gas exploration well and Pensacola appraisal well during 2024 in the southern North Sea. FINANCING Site survey work, rig selection and contracting process for both wells continue ahead of drilling Selene on licence P2437 during Q3 2024 and the Pensacola discovery in late 2024. Deltic estimates […]

Finance Metals & Minerals News

GreenRoc increases fundraise to £535,786

GreenRoc Mining plc has increased last week’s fundraise by £75,000 via an additional tranche placing of 3 million new ordinary shares of 0.1 pence each at a price of 2.5 pence per share. GreenRoc agreed to the additional tranche following a request from an existing shareholder who did not meet the book closing deadline for […]