News Oil & Gas

Borders issues 326,666 shares in warrants exercise

Borders & Southern Petroleum plc has issued 326,666 new ordinary shares of one pence each following a warrants exercise at 1.5 pence per warrant share, for an aggregate £4,900. On admission, the company’s total issued share capital will consist of 878,456,911 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in treasury. The company […]

News Oil & Gas

Helium One completes Galactica six-well drilling

Helium One Global Ltd reported an increase in flow rates from the State-9 well as the six-well Galactica drilling programme completes in Las Animas County, Colorado, USA. PROCESSING Since total depth in the Upper Lyons Sandstone formation, the flow rate in State-9 has increased to more than 360 thousand cubic feet per day (Mcfd). Projected […]