Angus Energy plc non-executive director Paul Forrest has resigned with effect from today. Mr Forrest owns Forum Energy Services Ltd, which completed the sale of Saltfleetby Energy Ltd to Angus in May 2022. He has been involved in the development of the company’s Saltfleetby project since 2019 and joined the board in July 2022. Angus said […]
Tag: oil and gas
United appoints Iman Hill as Jamaica consultant
United Oil & Gas plc has appointed non-executive director Iman Hill as a consultant for the Walton Morant project, offshore Jamaica. Ms Hill, who joined United in September 2020, is a petroleum engineer with 30 years’ experience in the oil and gas industry. She has global expertise in the technical and commercial aspects of the […]
EnQuest directors awarded 18m share options
Three EnQuest plc directors were awarded an aggregate 17,684,544 nil-cost options of £0.05 each as part of the company’s performance share plans of 2021 and 2024. Chief executive officer Amjad Bseisu was awarded a total 7,543,281 share options and executive director Salman Malik received 5,422,873. Chief financial officer Jonathan Copus was awarded 4,718,390 under the […]
EnQuest begins up to $15m share buyback
EnQuest plc has started a repurchase programme of its ordinary shares of 5 pence each in the company for up to $15 million. Merrill Lynch International will buy the ordinary shares, as principal and not as agent of the company, to sell and for EnQuest to buy. The agreement began on 29 April 2024 and […]
Corcel appoints Scott Gilbert as interim CEO
Corcel plc has appointed Scott Gilbert as interim chief executive with immediate effect and, subject to regulatory checks, to the board as an executive director. Mr Gilbert is a co-founder and vendor of Atlas Petroleum Exploration Worldwide Ltd with interests in blocks acquired by Corcel in the Kwanza Basin, Angola. Since December 2023 he has […]
Put option exercised over 99m Corcel shares
Corcel plc said that the put option agreement over 99m shares of the company, representing 4.87% of the ordinary shares currently in issue, has been exercised with Extractions Premium & Mining Ltd (EXT). EXT, which currently holding 21.26% of Corcel, will also acquire an additional 100m new ordinary shares of Corcel following a forthcoming general meeting […]