News Oil & Gas

Europa issues 11.9m shares

Europa Oil & Gas (Holdings) plc has issued a total of 11,856,629 ordinary shares in the company to two of its directors, following approval at the 30 December 2025 general meeting. TVRs Non-executive chairman Bo Krøll will receive 7,803,546 ordinary shares of £0.01 each, taking his holding to 75,555,048, representing 7.78% of the enlarged issued […]

Company Moves News Oil & Gas

Prospex CEO retires

Prospex Energy plc chief executive officer and director Mark Routh will retire from the end of January. Mr Routh, who took up the post in July 2021, will be replaced by former CEO of Scirocco Energy plc, Tom Reynolds, with effect from no later than 1 February 2026. Prospex said: “The board is very grateful […]

Finance News Oil & Gas

Capricorn 2025 production exceeds guidance

Capricorn Energy plc’s production for 2025 exceeded guidance, due to new development wells during the second half of the year on its licences, held with operator Cheiron Energy, onshore Egypt. DEBT Results posted average working interest production of 20,175 barrels of oil equivalent per day, with 41% liquids, higher than the forecast midpoint of 19,000 […]

News Oil & Gas

Beacon on course to restart trading

Beacon Energy plc was today on course to complete a share consolidation on a one-to-every-1,000 share basis, ahead of the restart of trading. LOAN Following the capital reorganisation, the company’s current issued share capital of 18,511,679,620 ordinary shares will reduce to 18,511,680, each with one voting right. Listing and trading of Beacon shares on AIM […]

Finance News Oil & Gas

Orcadian to receive £500,000 in CLNs

Orcadian Energy plc has received £322,500 of a total £500,000 in unsecured convertible loan notes from existing and new investors. USES The explorer said it had agreements in place to sell the balance of the CLNs, with the proceeds expected by the end of January 2026. Arranged by the company, the CLNs mature on 31 […]

News Oil & Gas

Europa CEO buys 417, 285 shares

Europa Oil & Gas (Holdings) plc chief executive officer William Holland has bought 417, 285 ordinary company shares of £0.01 each, at an average price of 1.792 pence per ordinary share. Following the 30 December purchase, Mr Holland is beneficially interested in 8,665,711 ordinary shares, representing around 0.903% of Europa’s issued share capital. The oil […]