News Oil & Gas

Reabold completes share consolidation

Reabold Resources plc has completed its share consolidation, of one new ordinary share for every 1,000 existing ordinary shares, following shareholder approval. TVRs The company’s issued share capital as at 10 April 2026 was an estimated 13,614,413,490 ordinary shares. Reabold said it had issued 793 additional existing ordinary shares to its registrar immediately prior to […]

Company Moves News Oil & Gas

Union Jack investors to vote on ex-director’s reappointment

Union Jack Oil plc shareholders are due to vote on the reappointment of a former director to the board. REQUEST Craig Howie, initially appointed in April 2024 as a non-executive director, vacated the position on 12 January 2026, by a board resolution. During January 2026, Mr Howie also sent two purported requisition notices for a […]

Finance News Oil & Gas

Star raises £541,000 via retail offer

Star Energy Group plc has raised £541,152.90 via a retail offer of 3,607,686 shares at a price of 15 pence per share. ADMISSION The sum adds to the £8.5 million raised through a placing and subscription on 1 May, taking the total fundraise to £9.1m. The company has applied for the retail offer shares, 56,716,664 […]

Company Moves News Oil & Gas

Prospex appoints non-executive director

Prospex Energy plc has appointed Simon Ashby-Rudd as a non-executive director, with immediate effect. NED Andrew Hay will not stand for re-election at the company’s general meeting, expected in June 2026. Non-executive chairman Bill Smith said that Mr Hay had “ably served the company as a non-executive director since 2023”, adding: “Andrew’s contributions, insights and […]

Finance News Oil & Gas

Deltic agrees £7.2m cash sale to Neo Next+

Deltic Energy plc has agreed to a £7.2 million cash sale of its assets, notably its 25% interest in the Selene prospect, to the UK North Sea’s largest oil and gas producer, Neo Next+. QUALITY Each Deltic share will be sold at 7.7 pence in cash, which represents a premium of 156.7 % to the […]