EnQuest plc has appointed Marianne Daryabegui to the board of directors, with effect from 30 May 2024. Ms Daryabegui is a capital markets adviser who has focused on oil and gas throughout her career, firstly in-house at Total, then as an adviser at BNP Paribas. Experienced in corporate transactions, capital markets and structured finance, she […]
Tag: oil and gas
Angus starts site works for Brockham rig
Angus Energy plc has started site works in preparation for the arrival of a rig in early Q2 to reinstate production from onshore Brockham 2Y well near Dorking in Surrey. The operator restarted production in May 2022 following approval from the Environment Agency in April of the same year. Project partners in PL235, containing Brockham, […]
Union Jack begins trading on OTCQB
Union Jack Oil plc ordinary shares today began trading on the OTCQB venture market in the United States. LIQUIDITY The company said that dual trading on the AIM market of the London Stock Exchange and the OTCQB would provide “enhanced investor benefits”. These include “uncomplicated trading access for investors based in the USA and increased […]
Capricorn awards 1.2m share options
Capricorn Energy plc granted nil-cost options over its ordinary shares of 735/143 pence each, as approved in 2017 by shareholders, to an executive director and PDMRs*. Chief executive Randy Neely, who currently has 2,107 shares, received 571,428; chief operating officer Geoff Probert (none) 428,571 and commercial director Nathan Piper (3,676) 171,428. The awards were of £1.75 per […]
Deltic completes 25% Selene farm-out to Dana
Deltic Energy plc has completed its 25% farm-out of southern North Sea licence P2437, containing the Selene gas prospect, to Dana Petroleum (E&P) Ltd. JOINT VENTURE The prospect holds gross P50 prospective resources of 318 bcf over 228km2, being “one of the largest undrilled structures in the world class Permian Leman Sandstone Fairway”. The transaction, […]
UKOG writes off £400,000 in Turkey as group cash falls
UK Oil & Gas plc posted an impairment of £400,000 from its Turkey operations while group cash more than halved. FINANCES The company’s assets include 5% in onshore Avington field within PEDL070, currently shut in; 100% of Loxley gas discovery and Broadford Bridge oil discoveries,PEDL234; 10% in Horndean PL211; 85.635% in Horse Hill PEDL137 due […]