Europa Oil & Gas (Holdings) plc chief executive officer William Holland has purchased 540,939 ordinary shares of £0.01 each in the company at a price of 1.07 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 3,367,844 ordinary shares, representing approximately 0.351% of Europa’s issued share capital.
Tag: oil and gas
Corcel investor enters call option for 99m shares
Corcel plc said its investor Extractions Premium & Mining Ltd (EXT), which currently holds 24.37% of the company’s shares, has entered into a call option agreement. Under the agreement’s terms EXT has the right, from 1 March to 1 June 2024, to purchase up to 99,000,000 ordinary shares of the company from Richard Jennings. The price […]
Corcel issues 99m shares from £750,000 CLNs
Corcel plc received notice to convert its outstanding £750,000 convertible loan notes plus interest into 98,917,808 new ordinary shares of the company at a price of £0.008. DIRECTORS The company said that the notice from Extraction Premium and Mining Ltd (EXT) retired the current balance of the facility in full. EXT, incorporated in the UK, is […]
Scirocco looks to higher return from Ruvuma potential
Scirocco Energy plc said it could receive higher contingent payments although possibly delayed from its Ruvuma interest, based on “enormous wider potential” from new data. SEISMIC DATA The increase is based on geomodelling of 338km2 3D seismic data of the Ntorya gas field, which had “significantly” increased gas initially in place (GIIP) to 3.45 trillion […]
United appoints Herona Thompson as Jamaica manager
United Oil & Gas plc has appointed Herona Thompson as country manager in Jamaica. Ms Thompson is a geologist experienced in the petroleum industry, having worked for the Government of Jamaica as well as the private sector on national and international projects. She will play a key role in overseeing and implementing United’s work programme […]
Beacon raises €3m via placing-primary bid offer
Beacon Energy plc raised in total €3 million (£2.6m) via an oversubscribed placing with new and existing institutional investors and a primary bid offer. The company issued 5,137,000,000 shares at 0.05 pence per new ordinary share, representing an approximate 28% discount to the closing middle market price of 0.07 pence per existing ordinary share on 27 February 2024. On admission, Beacon will have […]