Star Energy Group plc independent non-executive director Doug Fleming intends to leave for a new full-time executive role. Mr Fleming, who was appointed to the role in January 2023, will remain in his current role until 23 January 2024. Chairman Philip Jackson said: “On behalf of the company and board, we extend our thanks to […]
Tag: Star Energy Group plc
Star Energy awards 370,000 share options to CEO-CFO
Star Energy Group plc has issued 370,000 nil cost options over ordinary shares under under the company’s executive incentive plan. Chief executive officer Chris Hopkinson and chief finance officer Frances Ward each received 185,000 awards. The awards will vest and become exercisable one year after the date of grant of the options, 14 September 2023, […]
Star Energy profits fall on lower oil prices
Lower oil prices, investment and taxes saw Star Energy Group plc half-year profits plummet and revenue fall from its onshore oil and gas operations. EXPENSES Results to 30 June 2023 showed the group, formerly IGas Energy, net production average rise to 2,071 boepd (H1 2022: 1,865 boepd), with the forecast unchanged at around 2,000 boepd for […]
UKOG notes oil production to restart at Avington
UK Oil & Gas plc (UKOG) said that oil production would restart at the joint venture Avington field on PEDL070 in Hampshire, five years after being shut in. PARTNERS Avington, which lies close to the Stockbridge oil field, received fresh planning approval in December 2021. Operated by Star Energy, formally known as IGas, the field […]
IGas Energy to become Star Energy Group
IGas Energy plc has received approval from its shareholders to change the company name to Star Energy Group plc. The change of name will be effective once Companies House has issued a certificate of incorporation. […]