News Oil & Gas

Serica completes GLA acquisition

Serica Energy plc has completed its acquisition of a 40% operated interest in the Greater Laggan Area and associated infrastructure, along with operated licence interests in four near-field exploration blocks. GROWTH The purchase from TotalEnergies gives the company a new operated hub in the West of Shetland basin. Serica said that current net production is […]

Finance Metals & Minerals News

First Class raises £400,000

First Class Metals plc has raised £400,000 through its “multiple times” oversubscribed retail offer, exceeding its initial target. TVRs The company said it increased the retail offer, at the issue price of 1.52 pence per share, due to demand which resulted in the issue of 26,315,789 new ordinary shares. Following admission First Class’ issued share […]

Finance News Oil & Gas

Helium One raises £3.5m

Helium One Global Ltd has raised £3.5 million via a direct subscription of 583,333,334 new ordinary shares, at 0.6 pence per new ordinary share, by institutional investors. PROCEEDS The issue price represents a discount of 17.6% to the closing mid-market price of the company’s existing ordinary shares on 25 March 2026. The company also intends to raise […]