Capricorn Energy plc has approved a raised $436 million offer from Genel Energy Ltd and withdrawn its acceptance of rival DNO’s bid.
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Beacon expects start of Colle Santo production tests
Beacon Energy plc expects production testing to begin on two existing wells within the Colle Santo gas field in Abruzzo, Italy.
Cadence retail offer increases fundraise to £2.25m
Cadence Minerals plc raised £450,000 from its oversubscribed retail offer, adding to the placing and subscription, for a total of £2.25m.
Union Jack support increases to reject Reabold bid
Union Jack Oil plc’s new board has 24.39% support from shareholders to reject Reabold Resources plc’s £6.14m offer.
Borders further increases share capital
Borders & Southern Petroleum has increased its issued share capital following several warrant exercises over its ordinary shares.
Sunrise raises £320,000
Proceeds will advance the company’s base and precious metals projects in Nevada, USA and Australia