Block Energy plc has extended its existing $2 million senior secured loan facility for a further 18 months to 2 August 2027. DIRECTORS The loan, orginally agreed in February 2023, was increased to $2m in May 2023, and the original 18-month term extended to July 2024 and then to February 2026. In relation to the […]
Tag: oil and gas
Borders NED buys 1.5m shares
Borders & Southern Petroleum plc non-executive director Will Hodson has bought 1.5 million shares in the company. The purchases on 30 and 31 January 2026 were at an average price of 8.93p per share. Mr Hodson’s total holding in Borders is now 2.5 million. The company is the operator and owner of three production licences in […]
Lansdowne agrees further CLN
Lansdowne Oil & Gas plc has secured further convertible loan agreements for £100,000 with a “number of existing shareholders”. ECT The Dublin-based company said that the aggregate CLNs outstanding are now £330,000. Lansdowne will use the funds for working capital as it progressing towards a potential reverse takeover, targeted to complete during the first quarter […]
United begins Walton Morant surveys
United Oil & Gas plc has started staged seabed geochemcial exploration and surveys on its 22,400 km2 Walton Morant licence, offshore Jamaica. RESULTS The programme aims to confirm the presence of a working offshore petroleum system and help derisk the project. Operations using the multibeam echosounder (MBES) for high-resolution seabed mapping to refine targets, will be […]
Predator starts drilling Bonasse field
Predator Oil & Gas Holdings plc has stepped up its Trinidad operations, with the start of a multi-well drilling programme in the Bonasse field and several workovers due to begin in the Goudron field. TREND The company said that the first well, BON-18, was a redrill of the BON-2 legacy production well, which has damaged […]
Rockhopper CEO increases shareholding
Rockhopper Exploration plc chief executive officer Sam Moody bought 36,744 shares through the company’s open offer, held during December 2025 to January 2026. FALKLAND Following the purchase, Mr Moody holds 4,750,328 ordinary Rockhopper shares, representing 0.55% of its current issued share capital. The open offer was at a subscription price of 53 pence for each […]