Cadence Minerals plc has filed its notice of being the largest shareholder in Evergreen Lithium Ltd after the investee company listed on the Australian Stock Exchange. SHARES The company holds 15,830,138 million shares, equivalent to 8.74% of the issued share capital of Evergreen, which listed on 11 April 2023. Cadence received the shares in July […]
Author: editorial
Three EnQuest directors to leave board
EnQuest plc directors Howard Paver, Carl Hughes and John Winterman will leave the board at the end of the general meeting on 5 June. DEVELOPMENTS The changes are in accordance with the company’s strategy “to develop its infrastructure and new energy opportunities alongside its core upstream and decommissioning businesses.” The announcement is also in line […]
Angus NED Paul Forrest sells 13m shares
Angus Energy plc said that on 6 April 2023 non-executive director Paul Forrest sold 13,000,000 more ordinary shares of 0.002p each at an average price of 1.8 pence per ordinary share. Following the sale for around £234,000, he now holds 499,856,061 ordinary shares representing 13.92% of the company’s issued share capital. Mr Forrest is the […]
UKOG ahead of schedule at Pinarova-1 well
UK Oil & Gas plc (UKOG) is several days ahead of schedule after reaching its planned 9⅝ inch casing point at 291 metres below surface in the Pinarova-1 shallow oil exploration well in Turkey. PROGRAMME The 50-50 joint venture is testing whether the active 41.7˚ API light oil seep found in a seismic shot hole above the […]
CAML grants 653,580 incentive awards
Central Asia Metals plc has awarded a total 653,580 nominal cost long-term share awards over ordinary shares to its executive directors. DIRECTORS The grant yesterday, at an exercise price of $0.01 per share, was under the company’s long-term incentive plan 2022. Each LTIP award is exercisable in return for one ordinary share. Chief executive officer […]
Portillion withdraws plans to buy Reabold
Reabold Resources plc’s prospective buyer announced it would not make an offer after the oil and gas investor “failed to engage meaningfully” over the proposed transaction. PORTILLION Portillion SPV O&G executive chairman Kamran Sattar made the offer in mid-March. The company was established to “acquire and manage companies in the energy sector engaging in the […]