Jersey Oil & Gas plc has granted options over in aggregate 775,000 ordinary shares of 1p each in the company to its directors, senior management and employees. DIRECTORS The options exercise at 82.5 pence per ordinary share over a period of seven years for executive directors / officers and five years for non-executive directors. A […]
Author: editorial
Deltic explores funding options for Selene
Deltic Energy plc has progressed work on its Southern North Sea gas licences as it considers options for funding its share of operations. BLACKADDER Post-well analysis and pre-field development planning work has started, adding to current data on the Selene joint venture gas project. P2437 licence has entered its second term with work to date […]
Capricorn holds talks on Egypt gas price
Capricorn Energy plc said it had reached an initial agreement for an improved gas price over its concessions in the Western Desert, Egypt. ASSETS The deal with state oil company Egyptian General Petroleum Corporation (EGPC) also outlines terms to “promote increased investment and production”. An improved gas price would be for “incremental production and new discoveries alongside […]
Acrux CEO becomes director at Cononish mine
Acrux Sorting Technology’s chief executive has become a director of SCZ Grampian Ltd, which operated the Cononish gold-silver mine in Scotland. Companies House recorded that Sean Browne was made a director of SCZ, formerly Scotgold Resources plc, on 6 March 2025. Acrux executive Karel Potgieter also became a director of the company on the same […]
Kistos notes Jotun sailaway for Balder
Kistos (Holdings) plc said that the upgraded Jotun floating production storage and offloading vessel is undergoing tests ahead of installation in the Balder area in the Norwegian central North Sea. PROLIFIC The FPSO will be towed from the quayside at Worley Rosenberg yard in Stavanger to Åmøyfjorden for inshore sea trials and anchor installation work […]
Cononish gold mine has new majority owner
Cononish gold mine in Scotland has a new 80% owner following a strategic investment for an undisclosed sum by South African company Acrux Sorting Technology. TECHNOLOGY SCZ Cononish Ltd’s previous largest investor Nathaniel le Roux retains less than a 25% share. The original parent Scotgold Resources plc fell into administration in November 2023 following problems […]