Angus Energy plc will grant 103 million share options under the company’s existing employee incentive schemes to directors and other members of staff. The grant, representing 2.87% of the company’s issued share capital, was proposed by the remuneration committee and approved by the board as part of the company’s annual share option grants. The most […]
Author: editorial
Angus appoints Tim Kaye as director of UK operations
Angus Energy plc has appointed Tim Kaye as (non-board) director of UK operations. Mr Kaye has worked with Angus since September 2022 and led the project to install and commission the second gas compressor at the Saltfleetby gas field in Lincolnshire. He has extensive operations experience from the North Sea, with both BP and Enquest. […]
Angus NED Paul Forrest sells 16.5m shares
Angus Energy plc non-executive director Paul Forrest sold 16.5 million ordinary shares of 0.002p each at an average price of 1.8 pence per ordinary share. Following the sale for £297,000 on 14 April 2023, Mr Forrest’s total shareholding in the company is now 483,356,061 ordinary shares, representing 13.46% of the issued share capital. He has […]
Prospex appoints Andrew Hay as independent NED
Prospex Energy plc has appointed Andrew Hay as an independent non-executive director (NED), with immediate effect. Mr Hay is a graduate of Oxford University with more than 30 years’ experience as a banker in London and New York, covering corporate banking, the debt and equity capital markets and international M&A. He is currently a senior […]
UKOG prepares to drill Pinarova-1
UK Oil & Gas plc (UKOG) is preparing for the next drill stage to test whether the Pinarova-1 exploration well is fed by and connected to an underlying 9km2 light oil accumulation at the site in Turkey. SCHEDULE Following initial drilling, the company’s joint venture partner has set and cemented the well’s 9⅝ inch casing down […]
Oriole receives £157,000 tax rebate for R&D
Oriole Resources plc has received a £157,000 tax rebate in respect of geoscientific advances through the company’s exploration programmes in West Africa. GEOLOGICAL DATA The money is from the company’s research and development tax relief claim for the year ended 31 December 2022. Oriole said that the rebate reflected its research on potential areas of mineralisation […]