Ascent Resources plc could soon receive an arbitration award in relation to the Petišovci gas joint venture in Slovenia. ECT The company registered its claim with the International Centre for Settlement of Investment Disputes against the Slovenian Government. Ascent said in a statement: “The company has received an update from the International Centre for Settlement […]
Tag: oil and gas
Union Jack-Reach spud Crossroads well
Union Jack Oil plc’s joint venture partner has spud the Crossroads well, in southern Oklahoma, USA. PROGRAMME Operator Reach Oil and Gas Company Inc. began drilling on 5 May 2026 and expects operations to take some 10 days. The spud date was delayed during April for rig maintenance and repair. Crossroads is targeting a “large […]
Capricorn extends deadline for possible offer
Capricorn Energy plc has secured a second extension to the possible all cash offer for the company from Alamadiyaf al-Masiyyah for Trading LLC, which is a member of the Jeddah-based Cafani Group. FUNDING The potential purchaser now has until 5pm on 3 June 2026 to announce whether or not it has a firm intention to […]
UK Oil & Gas submits revised plans for Horse Hill
UK Oil & Gas plc has submitted its “retrospective” planning application to resume production at the Horse Hill oil field near Gatwick in Surrey. STUDIES The company halted operations following the Supreme Court’s 2024 ruling, which stated that environmental impact assessments must include Scope 3, or end use, emissions from produced fossil fuels. UKOG, which […]
Rockhopper issues 850,000 shares
Rockhopper Exploration plc has issued 850,000 ordinary shares of one pence each, following an exercise of share options by an employee. TVRs The company said that the shares were issued during April 2026 under its existing block listing entitlement. As at 30 April 2026, Rockhopper’s issued ordinary share capital comprises 862,228,880 ordinary shares of one pence each, with equal voting […]
Lansdowne raises £1.9m for switch to graphite
The two exploration licences are located within “one of the highest quality, prospective graphite regions in the world”.