Tullow Oil plc non-executive director Roald Goethe has bought 150,000 ordinary shares of 10 pence each at a price of £0.1350 per ordinary share. The transaction for £20,250 took place on 23 April 2025. The company holds decommissioning assets in the UK as well as licences in Cote d’Ivoire, Gabon, Ghana, Kenya and Argentina.
Day: 12 May 2025
Fulcrum identifies gallium in tailings
Fulcrum Metals plc has identified gallium in assays at its Teck-Hughes and Sylvanite gold tailings projects located in the Kirkland Lake area of Ontario, Canada. VALUE The company said that the presence of gallium, which adds to the tellurium reported in November 2024, could “significantly” increase the value of the two projects. Results showed […]
EnQuest expands into Indonesia with PSC blocks
EnQuest plc has expanded into Indonesia with the award of the two production sharing contract blocks of Gaea and Gaea II in Papua Barat. PARTNERS The company said that the blocks presented a multi-trillion standard cubic feet unrisked resource potential, while Indonesia offered a “broad range of growth opportunities” across the full upstream lifecycle. “This […]
Sunda raises up to $9m to drill Chuditch
Sunda Energy plc has conditionally raised up to US$9 million and signed a farm-in agreement for the Chuditch gas field, offshore Timor-Leste. JURASSIC The fundraise is through the issue of unsecured convertible loan notes with three institutional investors. Drawdowns in tranches will pay for a jack-up rig to drill an appraisal well scheduled for July […]