Legal News Oil & Gas

Scirocco appoints voluntary liquidator

Scirocco Energy Ltd has appointed a voluntary liquidator following approval in a general meeting earlier this month. The appointment follows shareholders‘ vote to wind up the company and for cash to be returned to them. Companies House recorded that Scirocco re-registered in June as a private company.

News Oil & Gas

Scirocco enters final day of dealing

Scirocco Energy plc today marks its final day of dealing following shareholders’ approval earlier this month to cancel trading. MVL On 17 May, the company’s shares will be admitted to JP Jenkins share dealing platform for unlisted or unquoted assets in companies. The platform enables shareholders and prospective investors to buy and sell equity on […]

Finance News Oil & Gas

Scirocco faces liquidation on vote to return investors’ cash

Scirocco Energy plc is facing a members’ voluntary liquidation after today’s vote to return the company’s cash and any cash proceeds from the sale of its material assets to its investors. MEETINGS At a requisitioned general meeting, 80.19% of shareholders voted in favour of the resolution with 19.81% against, out of a total 363,291,448 votes […]

News Oil & Gas

Scirocco looks to higher return from Ruvuma potential

Scirocco Energy plc said it could receive higher contingent payments although possibly delayed from its Ruvuma interest, based on “enormous wider potential” from new data. SEISMIC DATA The increase is based on geomodelling of 338km2 3D seismic data of the Ntorya gas field, which had “significantly” increased gas initially in place (GIIP) to 3.45 trillion […]