Beacon Energy plc was today on course to complete a share consolidation on a one-to-every-1,000 share basis, ahead of the restart of trading. LOAN Following the capital reorganisation, the company’s current issued share capital of 18,511,679,620 ordinary shares will reduce to 18,511,680, each with one voting right. Listing and trading of Beacon shares on AIM […]
Month: January 2026
Orcadian to receive £500,000 in CLNs
Orcadian Energy plc has received £322,500 of a total £500,000 in unsecured convertible loan notes from existing and new investors. USES The explorer said it had agreements in place to sell the balance of the CLNs, with the proceeds expected by the end of January 2026. Arranged by the company, the CLNs mature on 31 […]
Europa CEO buys 417, 285 shares
Europa Oil & Gas (Holdings) plc chief executive officer William Holland has bought 417, 285 ordinary company shares of £0.01 each, at an average price of 1.792 pence per ordinary share. Following the 30 December purchase, Mr Holland is beneficially interested in 8,665,711 ordinary shares, representing around 0.903% of Europa’s issued share capital. The oil […]
Harbour appointed operator of Zama field
Harbour Energy plc has been appointed operator of the joint venture Zama oil field, containing an estimated 750 million barrels of oil equivalent gross recoverable resources, offshore Mexico. STRATEGIC The JV plans to complete engineering and design work in 2026 before making a final investment decision. Project partners, including previous operator state-owned oil and gas […]
Critical Mineral intercepts gold at Agadir Melloul
Critical Mineral Resources plc posted an “extremely exciting” gold intercept in a shallow setting, and delineated further copper mineralisation, from core drilling at Agadir Melloul, in central Morocco. TARGETS Operations at Zone 2 North, which contains the rhyolite discovery, revealed an intercept of 2.5g/t gold over one metre from 5m. Results also included near surface […]
Antler secures farm-out to drill Barracuda
Europa Oil & Gas (Holdings) plc investee, Antler Global Ltd, has secured a 40% farm-out to Fuhai (Beijing) Energy Ltd to drill the Barracuda prospect on the EG-08 block, offshore Equatorial Guinea. RESOURCES Fuhai, a subsidiary of Chinese energy and chemical business Fuhai Group New Energy Holding Co. Ltd, will fund 95% of the total […]