Predator Oil & Gas Holdings plc received £28,038.36 following an exercise notice of share options from a former director. SCHEME The options were issued to Dr Stephen Staley in the company’s unapproved share option scheme dated 18 May 2018 to subscribe for 1,001,370 new shares each at 2.8p. Director Total shares Options 18 May 2018 Options […]
Tag: oil and gas
Prospex receives £87,677 via options exercise
Prospex Energy plc received £87,677.88 following notice to exercise of options to subscribe for 2,191,947 new ordinary shares of 0.1p each in the company. AGREEMENTS The options were issued pursuant to option agreements dated 20 July 2020 and were exercised by two directors and an employee. The exercise price is 4 pence per option exercised. […]
Prospex receives £100,000 via warrant exercise
Prospex Energy plc received £100,000.50 following notice for the exercise of warrants to subscribe for 3,333,350 new ordinary shares of 0.1p each in the company. The warrants were issued following a warrant agreement dated 23 February 2022 which related to a placing announced in March 2021. The exercise price is 3 pence per warrant exercised. […]
Rathlin plans to use oil-based drilling fluid at West Newton
Rathlin Energy (UK) Ltd plans to use oil-based drilling fluids after data analyses showed that the formation was “very sensitive to aqueous fluids” at West Newton A and B sites in East Yorkshire. DAMAGE The operator said that lab analyses showed that previous drilling of the West Newton wells with water-based mud had created near […]
Rockhopper completes Navitas deal for Falkland licences
Rockhopper Exploration plc has completed the transaction for Harbour Energy plc to leave and Navitas Petroleum LP to become a partner in its North Falkland Basin licences. NORTH FALKLAND BASIN The agreement, signed in April 2022, also sees Navitas become the operator and hold a 65% stake in Rockhopper’s the licences. Licence Rockhopper Navitas as […]
Prospex Energy receives £70,640 via options exercise
Prospex Energy plc received £70,640.52 following notices to exercise options to subscribe for 1,766,013 new ordinary shares of 0.1p each in the company. The options were issued pursuant to option agreements dated 20 July 2020 and have been exercised by three former employees of the company, two of whom are past directors. The exercise price […]