Neptune Energy today announced that Jim House will retire as chief executive officer on 31 December 2021. Mr House has been with Neptune for four years and played a formative role in building the business following its acquisition of ENGIE E&P International. He also oversaw significant improvements in safety, operational efficiency and reserves and resources. […]
Tag: oil and gas
Block appoints Jeremy Asher as senior director
Block Energy plc has appointed Jeremy Asher as senior independent director, with immediate effect. Mr Asher was appointed to the board during August this year as non-executive director. He has extensive public listed company experience, including currently being on the board of Tower Resources plc, and having previously served on the boards of Pacific Drilling […]
Rockhopper signs Falklands deal with Navitas
Rockhopper Exploration plc has signed detailed heads of terms for Harbour Energy plc to exit the Falklands Islands and for Navitas Petroleum LP to farm-in. PARTNERS Harbour will sell its interests leaving Rockhopper with 35% and Navitas 65% compared with 30% each previously. Rockhopper and Navitas, the planned operator, will align working interests across their Falkland […]
United extends deadline for £3.2m Maria sale
United Oil & Gas plc announced an extension to the deadline for the £3.2 million sale to Quattro Energy Ltd of its licences P2480 and P2519 in the UK Central North Sea. NEW DATE The long stop date to satisfy the sale and purchase (SPA) conditions was 6 December 2021. United said today that the […]
Serica Energy appoints David Latin as board NED
Serica Energy plc has appointed David Latin as a non-executive director on the company’s board. He will join the HSE/ESG Committee and Reserves Committee. In 2011, Mr Latin joined OMV as group senior vice president for exploration and production in North West Europe, Africa and Australasia. He led offshore and onshore operations, set strategy, led […]
Block Energy issues share options to PDMRs
Block Energy plc has issued nil-cost options over a total of 2,866,022 ordinary shares of 0.25p each to directors/PDMRs*, employees and consultants as part of cash conservation measures. CASH CONSERVATION The options issued on 3 December were issued in lieu of cash payment for 40% of salaries and consultants’ fees and up to 50% of […]