Europa Oil & Gas (Holdings) plc chief executive officer William Holland has bought 525,456 ordinary shares of £0.01 each in the company at a price of 1.02 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 3,893,300 ordinary shares, representing approximately 0.406% of the Europa’s issued share capital.
Tag: oil and gas
Beacon sidetrack rig delayed for Erfelden
Beacon Energy plc said that mobilisation of the drilling rig has been delayed by approximately two weeks for the SCHB2 sidetrack in the Erfelden field. TIMELINE The rig, originally scheduled for mid-April, is currently contracted to a third-party operator for well operations some 50km from the company’s site. Beacon plans to begin side track operations […]
Baron chooses new Chuditch-2 drill site
Baron Oil plc has chosen a new drill location after finding the original site unsuitable for a jack-up rig for the Chuditch-2 appraisal well, offshore Timor-Leste. DRILL PLANS A now completed geotechnical survey, focused on physical studies of the seabed, revealed that the initial chosen area was an irregular seabed unsuitable for a jack-up drilling […]
Scirocco sets date for vote to cancel trading
Scirocco Energy plc shareholders will vote on 7 May on how the company should return cash to them and on cancellation of trading on AIM. Scirocco’s investors will also vote on re-registration as a private company and adoption of new articles of association. The company expects the final day of trading for existing ordinary shares […]
Corcel shareholder cancels 99m share call option
Corcel plc’s shareholder Extractions Premium & Mining Ltd has entered a put option agreement with Richard Jennings and cancelled the call option from February 2024. Under the terms of the agreement, Mr Jennings has the right from 16 April 2024 until 1 September 2024, to sell up to 99 million ordinary Corcel shares to EXT. The […]
United receives $1m over Abu Sennan
United Oil & Gas plc said it had received US$1 million from state oil company Egyptian General Petroleum Corporation (EGPC) in relation to the Abu Sennan onshore licence. ASSETS The funds will leave United debt free while withdrawal from the concession, in which it held 22% working interest, is finalised. The company anticipates the remaining […]