Angus Energy plc chief executive officer Richard Herbert bought 3,300,000 ordinary shares of 0.002p each in the company at an average price of 0.75434 per ordinary share. Mr Herbert’s holding totals the same number of shares for £24,893 representing 0.09% of Angus’ issued share capital.
Author: editorial
Predator prospectus approved by FCA
Predator Oil & Gas Holdings plc’s prospectus has been approved by the Financial Conduct Authority. The document, dated 10 August, will allow admission to trading of shares issued in a recent £10 million fundraise.
Tullow sells Guyana subsidiary or potential $14.7m
Tullow Oil plc will sell its Guyana subsidiary, including its operated 60% in the Orinduik licence, to Eco Guyana Oil & Gas (Barbados) Ltd for an approximate potential of $14.7 million in cash and contingent payments. EXPLORATION Tullow said its decision to exit Orinduik was in line with its strategy to focus on its assets […]
Tertiary begins soil sampling at Zambia copper licences
Tertiary Minerals plc has started soil sampling at its Zambia copper licences after recently receiving forest permits. PROGRAMME At Konkola West, the company will collect 260 soil samples in the north and northwest of the licence where the main host to copper mineralisation “may be shallower and less steeply dipping” than on the eastern side […]
Power Metal begins first North Wind lithium exploration
Power Metal Resources plc has begun the first exploration on the 57.89km2 North Wind lithium project in northeast Ontario, Canada. DATASET Centred on a granitic intrusion cut by mapped dykes, North Wind is considered prospective for pegmatite-hosted lithium mineralisation. Lake sedmiment sample results showed “highly anomalous” concentrations of lithium, caesium and tantalum suggesting a “nearby mineralised source”. Crews […]
Harbour exits Vietnam after nearly 24 years
Harbour Energy plc will exit Vietnam after nearly 24 years with the $84 million (£65.7m) sale of its assets, including its 53.125% interest in the Chim Sao and Dua producing fields. PORTFOLIO The sale to Big Energy Joint Stock Company, subject to government approvals, has an effective date of 1 January 2023 with completion targeted […]