EnQuest plc has secured a 25% participating interest in the Cendramas block, offshore Peninsular Malaysia, by signing the production sharing contract. AGREEMENT Partner and operator Medco Asia Pacific Ltd holds 50% while DIALOG Resources Sdn Bhd by Petroliam Nasional Berhad (Petronas) through Malaysia Petroleum Management will have 25%. The joint operating agreement is effective from 23 […]
Month: September 2026
Arkle issues 22.8m shares-130m options
Arkle Resources plc has issued 22.8 million shares following the exercise of warrants over ordinary shares of €0.0025 each, at an exercise price 0.35 pence per share. TVRs Executive chairman John Teeling exercised 10m warrants and now owns 73,718,035 shares, equal to a 4.85% of the enlarged issued share capital. Non-executive director David Cockbill exercised […]
Panther appoints NED
Panther Metals plc has appointed Donna-Belen Humphreys as non-executive director to the board, effective 1 April 2026. COMPANY MOVES She replaces Tracy Hughes who has stepped down from the role. “The board thanks Tracy for her hard work and dedication to Panther Metals during her two and a half year tenure,” said executive chairman Nicholas […]
Reabold raises £1.51m
Reabold Resources plc has conditionally raised gross £1.51 million through the placing of 1.51 billion new ordinary shares, each at the issue price of 0.1 pence. TVRs The sum raised, added to the March £1.9m strategic investment, takes the total to £3.41m. The fundraise is subject to shareholders’ approval at a general meeting on 24 […]
Arkle finds new paleochannel on uranium licence
Arkle Resources plc has identified a new paleochannel, up to 17 metres deep, on its uranium exploration projects in the Erongo Region of Namibia. DRILL HOLES The company completed a ground geophysical survey to test the potential depth and extent of fill across the paleochannels on EPL 8995. The results confirmed the presence of a […]
Prospex secures first Poland gas licence
Prospex Energy plc has secured the formal award of the San onshore gas licence in Poland, which expands its footprint into a third European country. CONFIDENT The company said the process continued for the formal award of the Dunajec licence. Prospex aims to attract joint venture partners to both licences, which are located in southern […]