United Oil & Gas plc has been awarded an environmental permit and a beach licence for its planned offshore technical programme in the Walton Morant licence, offshore Jamaica. FRONTIER Work includes a piston core survey which will collect 40 to 60 seabed sediment samples from seafloor of the Walton and Morant basins. Analysis of the […]
Month: July 2025
Deltic agrees £7m sale to Viaro
Deltic Energy plc has agreed to sell its entire share capital for £6.9 million cash to Viaro Group’s subsidiary RockRose Energy. SELENE Viaro will also provide Deltic with a bridging loan of up to £2.7m to cover working capital before the acquisition becomes effective. Deltic has previously warned about “political and fiscal headwinds” hampering the […]
Panther chair-CEO subscribe for 191,304 shares
Panther Metals plc’s executive chairman and chief executive officer have directly subscribed for 191,304 shares at the marker mid-price of 69p, for an aggregate £132,000. Nicholas O’Reilly subscribed for 36,232 new shares for £25,000, taking his total holding to 113,305 ordinary shares, equivalent to 1.92% of the company’s issued share capital. Darren Hazelwood subscribed for […]
Central’s higher offer for NWR matched by rival
Central Asia Metals plc’s increased offer to buy USA-focused New World Resources Ltd for A$0.062 per NWR share has been matched by its rival and NWR’s largest shareholder. SUBSCRIPTION NWR holds the Antler copper project in Arizona which it describes as “one of the highest-grade emerging copper development projects in the world”. In the third […]
Prospex completes fundraise at £1.2m
Prospex Energy plc has raised a total of approximately £1.2 million from a WRAP retail offer and last week’s placing and subscription. TVRs Proceeds will go towards workover of the Viura-1B well in northern Spain. The company will issue 3,044,638 new ordinary shares at the issue price of 4.5 pence per share in relation to […]
Sunda independent NED buys 3.7m shares
Sunda Energy plc independent non-executive director John Chessher bought 3,773,585 ordinary shares of 0.025 pence each in the company, at 0.0265 pence per share. The £1,000 purchase took place on 23 June 2025. Mr Chessher’s total beneficial shareholding in Sunda is now 9,773,585 ordinary shares, representing approximately 0.03% of its current voting rights. The company […]