Europa Oil & Gas (Holdings) plc has been refused permission for a gas appraisal well at Cloughton in Burniston, North Yorkshire. DISAGREE Last month, the company said it would lodge an appeal after North Yorkshire Council said it was “minded to” reject the application. Europa today said: “This refusal is despite the recommendation made by […]
Tag: oil and gas
Star issues 60.5m new shares
Star Energy Group plc has issued 60,531,015 new shares in relation to the placing, subscription and retail offer held earlier this month, which raised an aggregate £9.1 million. TVRs The shares issue follows shareholders’ approval at the company’s general meeting today. Following admission, Star’s total issued share capital will comprise 191,865,143 ordinary shares, with voting […]
Sunda issues 15.4m new shares
Sunda Energy plc will issue 15,426,039 new ordinary shares following notice from Alumni Capital Ltd to convert £250,000 of the balance of its convertible loan note, plus a £25,000 finance charge. TVRs The conversion into ordinary shares of 0.1 pence each is at a price of 1.7827 pence, which is a 15% discount to the […]
Union Jack-Reach find potential in Crossroads
Union Jack Oil plc joint venture has identified “several zones of interest” within the Crossroads well, located in Garvin County, Oklahoma, USA. TESTING Partner and operator Reach Oil and Gas Company Inc. completed drilling the well to the target depth of 4,600 ft, and took electric logs ahead of running and cementing production casing. Union […]
Corcel appoints new CFO
Corcel plc has appointed Leandro Schujmann as its new chief financial officer. Mr Schujmann replaces Scott Kaintz who stepped down on 31 March 2026 to pursue interests outside the company. “We would like to thank Scott Kaintz for his contribution to Corcel and wish him every success in the future,” said chief executive officer Scott […]
JOG frustrated by slow progress at Buchan
Jersey Oil & Gas plc reported slow progress at Buchan Horst as it awaits proven compliance with government policy regarding scope 3 emissions for UK North Sea projects. TAX In its audited 2025 financial results, the company said it had yet to complete the effect of downstream, or end-use, emissions from its upstream operations in […]