Finance News Oil & Gas

Deltic in talks for three possible cash offers

Deltic Energy plc said it was in discussions on possible cash buyout offers from three separate companies. SELENE The company has been approached by Capricorn Energy plc, which is itself under a possible offer; Petrogas International E&P Coöperatief U.A., a subsidiary of Oman-based Mohammed Al Barwani LLC (MB); and private Norwegian firm Blue Concept Hld […]

Finance Metals & Minerals News

Altona issues 10.6m new shares

Altona Rare Earths plc has issued 10,666,667 new ordinary shares following notices to exercise warrants over ordinary shares of £0.01 each in the company. TVRs A total of 10 million warrants each had an exercise price of 1.5 pence per ordinary share, while 666,667 warrants had an exercise of two pence per ordinary share, for […]

News Oil & Gas

Prospex awarded Dunajec licence

Prospex Energy plc has been formally awarded the Dunajec onshore gas licence, adding to its San acreage, in southern Poland. RESOURCES Dunajec includes a “shallow undeveloped oil discovery” with “near-term commercial potential”. which will be assessed for early development. Both licences are in areas with “proven gas production and associated infrastructure”, “high prospectivity” and limited […]

Company Moves Metals & Minerals News

Fulcrum appoints independent NED

Fulcrum Metals plc has appointed Natasha Dixon as an independent non-executive director, with immediate effect. Ms Dixon’s experience in capital markets includes supporting the listing, financing and growth of public and private companies, mainly in Canada. She was a member of the start-up and launch team at the Canadian Securities Exchange, where she held a […]