Europa Oil & Gas (Holdings) plc chief executive officer William Holland has bought 697,484 ordinary shares of £0.01 each in the company, at 0.75 pence per ordinary share. Mr Holland is now beneficially interested in 5,720,800 ordinary shares, representing approximately 0.596% of Europa’s issued share capital. The acquisition is Mr Holland’s fourth this year.
Author: editorial
Borders given more time for Falkland licences
Borders & Southern Petroleum plc has been granted two further years for its three offshore production licences, including the Darwin discovery area, in the South Falkland Basin. APPRAISAL PL018, PL019 and PL020, due to expire at the end of this year, are now valid until 31 December 2026. The company continues its search for a […]
UJO expects restart of Keddington production
Union Jack Oil plc expects to restart production during late 2024 at the Keddington oil field in the East Lindsey district of Lincolnshire. GROWTH The company, which owns 55% while Egdon Resources (UK) Ltd holds 45%, said that ongoing site improvements were “progressing well”. Elsewhere in the UK, cumulated net revenues profits from the onshore […]
Alba to process 25t of historic Clogau ore
Alba Mineral Resources plc has removed around 25 tonnes of ore from historic mining, due to be processed for gold, from the Llechfraith target at its Clogau-St David’s mine in north Wales. BLASTING The “significant” exercise cleared the in-situ ore on levels 4 and 5, which “greatly exceeded” the anticipated volume and consequently extended the […]
Europa revenues fall on lower production-prices
Europa Oil & Gas (Holdings) plc revenue fell by nearly half on lower oil production and prices following a busy and “at times challenging” year. POTENTIAL The company’s interests are onshore UK – notably the Wressle joint venture – Equatorial Guinea and Ireland. Results for 12 months ended 31 July 2024 show revenue fell 46% […]
Mushima North shows widespread mineralisation
Tertiary Minerals plc has intersected widespread copper and zinc mineralisation at its Mushima North copper project in Zambia. ANOMALY Twenty-five holes were drilled to a maximum depth of 112m on three traverses at target A1, a copper-in-soil anomaly covering 3km north-south by 1.5km east-west, and one at C1. Multiple drill holes from the inaugural programme […]