Lansdowne Oil & Gas plc has secured further unsecured convertible loan notes for £110,000 with “a number” of its existing shareholders, ahead of its proposed reverse takeover. BARRYROE Among the participants, chairman and director Jeffrey Auld subscribed for £20,000 CLNs on the same terms as other investors. The company said that the aggregate CLNs outstanding […]
Month: September 2026
Harbour posts record production
Harbour Energy plc posted record production and an increase in revenue, while losses doubled on UK taxes and write-offs during 2025. NEW PROJECTS Production increased by 84% to a 474 thousand barrels of oil equivalent per day (2024: 258 kboepd), with new wells and projects in the UK, Norway, Argentina and Egypt. Revenue and other […]
Beacon shares issue approved for Colle Santo
Beacon Energy plc shareholders have approved the issue of 106,278,360 shares, in connection with the company’s investment in the Colle Santo gas field in the Abruzzo region of Italy. DIRECTORS The figure includes new ordinary shares from earlier fundraises, first acquisition consideration shares, Reabold Resources plc subscription shares, director subscription and fee shares. On admission, […]
Nativo issues 36.6m shares
Nativo Resources plc has issued 36,647,864 ordinary shares, following notice to convert a portion of loan notes, with a value of £186,904.11, held by YA II PN Ltd. TVRs The principal amount remaining of the November 2025 convertible loan notes now stands at £1,260,000, with a maturity date of 3 November 2026. Following admission, Nativo’s […]
United completes Walton-Morant seabed survey
United Oil & Gas plc is awaiting results from its completed seabed geochemical exploration programme on the Walton-Morant licence, offshore Jamaica. RESULTS Following the multibeam echosounder survey and acquisition of heat flow probe data, seabed sediment was recovered through piston coring on all 42 selected locations. The piston core samples will undergo geochemical analysis at […]
Kavango faces seller default on Nara gold option
Kavango Resources plc said it was exploring all solutions after the seller of its Nara gold project in Zimbabwe defaulted on the agreed terms of the call option. ENFORCEMENT The company signed the agreement in June 2023, and exercised the option in July 2025, with the seller Simon John Bowman. Following an extension, completion of […]