Jersey Oil & Gas plc chief executive officer Andrew Benitz acquired 14,422 ordinary shares of 1p each in the capital of the company, at a price of 208 pence each. The acquisition on 9 January 2024 results in Mr Benitz holding 716,598 shares, equal to 2.19% of the company’s issued share capital.
Tag: oil and gas
Reabold shareholders reject move to replace directors
Reabold Resources plc’s shareholders today voted against proposals to remove and replace the company’s board of directors. DISTRACTION Pershing Nominees Ltd, on behalf of several beneficial shareholders, requisitioned the general meeting with 11 resolutions. Each resolution received between 20.11 and 21.40% of votes in favour, and between 78.60 and 79.89% against. Reabold previously told its […]
Angus estimates £7m Saltfleetby revenues for Q4
Angus Energy plc estimated revenues of £7.2 million for last year’s final quarter from Saltfleetby gas field, East Lincolnshire. PERMANENT FLOWLINE Gas volumes produced and sold equalled 7.35 mm therms in aggregate for October to December 2023, a slight decline compared with Q3 of 7.9 mm therms. Q4 operational efficiency was 87% (Q3: 90%) with gas condensate (liquid) production […]
UKOG welcomes ruling to stop appeals against Loxley
UK Oil & Gas plc (UKOG) said the Court of Appeal had refused permission for any further appeal against the grant of planning permission for the Loxley conventional gas and hydrogen feedstock project. ORDERS Today’s decision is final and cannot be further reviewed or appealed. “Consequently, Loxley’s planning permission will now remain in full force and effect […]
Ascent’s Slovenia partner moves to insolvency
Ascent Resources plc is seeking legal advice after its Petišovci gas joint venture partner, and subject of an arbitration tribunal, began insolvency proceedings in Slovenia. CHALLENGES In October, the tribunal confirmed Ascent’s entitlement to proceeds above the baseline production profile from all wells in the concession area. Following partner Geoenergo d.o.o.’s move towards insolvency proceedings, […]
Helium One begins drilling Itumbula West-1 well
Helium One Global Ltd has begun drilling the Itumbula West-1 well, targeting two major fault zones and the Karoo Group, on the Rukwa licence in Tanzania. EVALUATION Having installed the new iron rough neck and completed hydraulic repairs, the company is currently cementing the 20″ conductor before drilling the 17.5″ hole section. An open hole […]