Prospex Energy plc has secured the formal award of the San onshore gas licence in Poland, which expands its footprint into a third European country. CONFIDENT The company said the process continued for the formal award of the Dunajec licence. Prospex aims to attract joint venture partners to both licences, which are located in southern […]
Tag: oil and gas
Deltic mulls future after exiting sale to Viaro
Deltic Energy plc said it would consider “all other options” after the industry regulator delayed its decision for the third time on the company’s £6.9 million cash sale to Viaro Energy. DEBT The companies agreed the transaction in June 2025 and aimed to close the deal during the final quarter of the year, subject to […]
UKOG shares suspended from trading
UK Oil & Gas plc shares were today suspended from trading, pending publication of its annual audited accounts. HORSE HILL The company said that there was a “short delay” to publishing its accounts, which were due on 31 March, for the year 30 September 2025. “The company anticipates that it will be in a position […]
Helium One raises £1.5m
Helium One Global Ltd has raised £1.5 million through an oversubscribed retail offer for 250m new ordinary shares, at 0.6 pence per share. TVRs The company said it increased its target figure of £1m following strong support from its retail shareholders. The sum adds to the £3.5m raised by way of a direct subscription for […]
Europa given two more years for Inishkea
Europa Oil & Gas (Holdings) plc has been granted two more years to phase I of its FEL 4/19 licence, containing the Inishkea West gas prospect, offshore western Ireland. INFRASTRUCTURE The company said it aimed to carry out further technical studies and seek to secure a partner to develop the licence, which holds 1.4 trillion […]
Viaro increases stake in Deltic
Viaro Energy Ltd has increased its shareholding to 3.19% of its target acquisition Deltic Energy plc. OFFER On 26 March, the company bought 529,000 ordinary Deltic shares on market, at 3.4822 pence per share, taking its holding to 2,972,880 ordinary shares. The purchase follows that on 2 March of 2,443,880 Deltic shares. The transactions come […]