Finance News Oil & Gas

Star conditionally raises £8.5m

Star Energy Group plc has conditionally raised gross £8.5 million, through the placing of 56,716,664 shares to new and existing investors. DIRECTORS The company also plans to raise £600,000 through a retail offer of up to four million shares for existing shareholders, with the result expected on 7 May 2026. Star directors also took part […]

News Oil & Gas

Egdon adds support for review on shale gas extraction

Egdon Resources plc today added its support for Government’s move to commission the British Geological Survey for a scientific review of shale gas.  GAINSBOROUGH TROUGH The company’s comments follow those of IGas yesterday after the Government made its announcement. Egdon’s shale gas licences cover 151,742 net acres (614 km2) which it estimates to hold mean […]