Baron Oil plc independent non-executive director Dr John Chessher has bought 6 million ordinary shares of 0.025 pence each in the company at an average price of 0.0864 pence per share. The £5,184 purchase took place on 10 June 2024. Dr Chessher’s total beneficial shareholding in Baron Oil is now 6m ordinary shares, representing approximately […]
Tag: oil and gas
Helium One raises £8m via 56.5% discounted fundraise
Helium One Global Ltd has raised £8 million via a 56.5% discounted fundraise for 1.6 billion new ordinary shares of no par value in the company at a price of 0.50 pence per ordinary share. USES A placing of approximately 1.6bn new ordinary shares raised approximately £7.9m, and a subscription of 27m new ordinary shares […]
Predator progresses Trinidad-Ireland assets
Predator Oil & Gas Holdings plc has agreed a further 16.2% interest in the Cory Moruga E block, subject to Trinidad regulatory approval. WORKOVERS The company’s subsidiary T-Rex Resources Trinidad Ltd will shortly begin site clearance for the first well workover with quote for the work currently under review before contracts are awarded. Jacobin-1 well […]
Predator nears MOU-3 Sandjet rigless testing
Predator Oil & Gas Holdings plc has received some well services equipment and started preparations to re-enter and perforate the MOU-3 well, ahead of Sandjet rigless testing. INTERVALS Operations are expected to last at least five weeks before the company moves to the next well in the programme on the Guercif licence. The Sandjet’s primary […]
Corcel to acquire new data on Angola blocks
Corcel plc has received approval to acquire new geological and geophysical data on its three onshore Angola blocks. FOCUS KON-11 and KON-12, considered brownfield redevelopment with historic production from the Tobias and Galinda fields, and operated KON-16 will be subject of an enhanced full tensor gradiometry survey (eFTG). The programme follows “inconclusive results” at the end […]
Baron Oil chairman buys 30m shares
Baron Oil plc independent non-executive chairman Gerry Aherne bought 30 million ordinary shares of 0.025 pence each in the company, at an average price of 0.06825 pence per share. The 6 June transaction for £20,475 takes Mr Aherne’s total beneficial shareholding in the company to 60m ordinary shares. The figure represents approximately 0.24% of Baron’s […]