Star Energy Group plc has appointed Aneliya Erdly to the board as an independent non-executive director, with immediate effect. Ms Aneliya, who will be a member of the remuneration committee, is an executive with more than 18 years in power projects execution and asset management. Her experience includes building from scratch and running renewable energy […]
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Orcadian raises £500,000 via discounted subscription
Orcadian Energy plc has raised gross proceeds of £500,000 through issuing 3,571,429 new ordinary shares of the company at a price per new ordinary share of £0.14. The funds were raised as part of a direct subscription from the company’s existing investors. The subscription price represents a discount of approximately 15% to the closing mid-price […]
Tullow Oil NED acquires further 100,000 shares
Tullow Oil plc non-executive director Roald Goethe has bought an additional 100,000 ordinary shares of 10 pence each in the company at a price of 33 pence per ordinary share. The £33,180 transaction was on 12 December.
UKOG secures explosive permits for Pinarova-1
UK Oil & Gas plc (UKOG) is nearing the restart of its Turkish operations after explosive permits were secured for the 7-inch perforating guns to test the Pinarova-1 exploration well. OIL The guns, fully capable of penetrating the well’s 9⅝-inch casing, are now ready for transport to the site. UKOG said it was currently liaising […]
JOG receives £233,334 via options exercise
Jersey Oil & Gas plc (JOG) received £233,334 following notice to exercise options to subscribe for a total 111,667 new ordinary shares of 1p each in the capital of the company. The options, scheduled to expire shortly, were exercised by a number of former employees. Following admission, the company’s enlarged share capital will comprise 32,665,960 […]
Arkle awarded Makgadikgadi lithium licences
Arkle Resources plc has broadened its lithium exploration portfolio with two licences in the salt pans of northeast Botswana. TARGETS PL075/2023 and PL0148/2023, covering 312 and 525km2 respectively, lie in the Makgadikgadi salt pans. The company said that very little was known about the potential for lithium brines at the site. Initial prospecting is planned […]