Union Jack Oil plc has dismissed a “purported requisition notice” for a general meeting from a former director of the company. The company said it received the notice, dated Sunday 18 January 2026 at 7.23pm, from Craig Howie. “After reviewing the purported notice and taking legal advice, the company does not consider the purported notice […]
Tag: oil and gas
Helium One starts testing ESP at Itumbula well
Helium One Global Ltd has started testing the electrical submersible pump in the Itumbula West-1 well at the southern Rukwa project in southwest Tanzania. ACTIVATED The project has progressed from exploration during 2023-2024 and an extended well test to the current appraisal and development phase. “The ESP assembly is running in hole and will be […]
Rockhopper raises £6.9m via open offer
Rockhopper Exploration plc has raised gross £6.9 million through the issue of 101,956,821 shares, via a seven-fold oversubscribed open offer. TVRs The company said that qualifying shareholders’ subscriptions represented 773.1% of the 13,188,036 available shares in the open offer, which ran from 22 December 2025 to 15 January 2026. Following admission, Rockhopper’s issued ordinary share capital […]
Europa granted more time for Cloughton well
Europa Oil & Gas (Holdings) plc has been granted a further two years to gather seismic data and drill an appraisal well at its operated Cloughton gas discovery in Scarborough, North Yorkshire. IMPACT The 40% licence owner estimates that the field, within PEDL343, holds Pmean gross gas initially in place volumes of 192 billion cubic […]
Harbour on course to sell Block A-Tuna interests
Harbour Energy plc remains on course to sell its operated interests in the producing Natuna Sea Block A field and the Tuna development, offshore Indonesia. DATE The company currently owns a 28.67% operated interest in Block A and a 50% operated interest in Tuna. The sale to Prime Group for $215 million cash has an […]
Jersey positive on delayed Buchan project
Jersey Oil & Gas plc aims to optimise its delayed UK North Sea Buchan oil joint venture, in the light of new government guidelines, including required approval of the project’s scope 3 emissions. PROGRESS The company is focused on the Greater Buchan Area, containing estimated resources of more than 100 million barrels of oil equivalent […]