Harbour Energy plc chairman R. Blair Thomas has sold two million shares in the company for approximately £6.3 million. DIRECTOR DEALINGS On 8 February 2023, EIG Separate Investments (Cayman) LP closely associated with Mr Thomas sold 665,290 each at a price of approx. £3.18; on 9 February 584,710 shares each at approx. £3.19; and 10 February […]
Tag: oil and gas
UKOG looks to offer support following Turkey earthquake
UK Oil & Gas plc (UKOG) today said it would look at ways of offering support in the wake of the earthquake in Turkey. “[The company] is deeply saddened by the terrible earthquake and unfolding humanitarian tragedy in southern Turkey,” added UKOG in a statement. The company’s Resan licence area is some distance from the […]
Reabold considers early return from Corallian sale
Reabold Resources plc is considering an early distribution to shareholders following receipt of an initial £10 million, with £3.2m net to Reabold, from the sale of Corallian Energy Ltd to Shell UK Ltd. PARTIAL DISTRIBUTION The balance of the total £22m consideration (£9.5 million net to Reabold), is expected to be paid during 2023. At […]
Deltic finds ‘milestone’ gas-light oil at Pensacola
Deltic Energy plc reported a “substantial hydrocarbon column” discovery at the Pensacola prospect on the joint venture (JV) licence P2252 in the southern North Sea. HYDROCARBON COLUMN Deltic holds a 30% working interest in the project with Shell UK Ltd (operator 65%) and ONE-Dyas (5%). Well 41/05a-2 reached a total depth of 1,965 metres true […]
Helium One appoints Lorna Blaisse as CEO
Helium One Global Ltd has appointed its principal geologist Lorna Blaisse as chief executive officer. She replaces David Minchin and, following completion of due diligence, will also be appointed as a director of the company. Ms Blaisse is an exploration geologist with more than 17 years’ experience in exploration and appraisal of oil and gas […]
Helium One CEO David Minchin steps down
Helium One Global Ltd’s chief executive officer David Minchin is stepping down from his post and the board with immediate effect to pursue other challenges. LEADERSHIP His replacement also with immediate effect is current principal geologist Lorna Blaisse. He will remain available to the company in the short term to ensure an orderly transition. “With […]