Central Asia Metals plc granted a total 777,873 nominal cost long-term share awards at an exercise price of $0.01 per share to its executive directors under its long-term incentive plan 2022. Chief executive officer Nigel Robinson received 311,342 awards taking his total of such awards to 1,793,346. Chief financial officer Gavin Ferrar received 254,734 awards […]
Tag: oil and gas
Harbour grants 1.8m share awards to CEO-CFO
Harbour Energy plc granted a combined 1,793,639 performance and deferred bonus share awards to its chief executive officer and chief financial officer. On 8 April, Linda Z Cook received 939,947 share awards at a price of £2.835 each under the company’s 2017 long term incentive plan, representing 300% of her salary. Alexander Krane was granted […]
Capricorn awards 400,000 share options to CFO
Capricorn Energy has awarded 400,000 nil-cost options over its ordinary shares of 735/143 pence each to its chief financial officer Eddie Ok. The grant on 8 April was made under the company’s long term incentive plan approved by shareholders in 2017. All shares were awarded at £1.75 per share, in line with those made on 2 […]
Star Energy closes new €25m loan
Star Energy Group plc has closed a new €25 million secured loan for continued investment in oil and gas utilising its existing cash flows and its transition to geothermal energy. ADVANTAGES The “tailored” facility with two components is provided by Kommunalkredit Austria AG and matures on 31 December 2028. Facility A will fund repayment of […]
Union Jack positive over Andrews 1-17
Union Jack Oil plc sounded positive after drilling the Andrews 1-17 well to 4,600ft on the West Bowlegs prospect in Seminole County, Oklahoma. ACCELERATION The target Hunton Limestone was penetrated at 4,200ft, showing “high porosity and elevated gas readings, with good reservoir quality” interpreted on the wireline logs. Operator Reach Oil & Gas Inc has […]
Europa appoints Eleanor Rowley as independent NED
Europa Oil & Gas (Holdings) plc has appointed Eleanor Rowley to the board as independent non-executive director with immediate effect. Dr Rowley’s experience is in the upstream energy sector working as a geoscientist in both exploration and development projects. She is a proven hydrocarbon finder, having made multiple discoveries in India, Cyprus and Middle East […]