The Parkmead Group plc has appointed Douglas Sedge as an independent non-executive director. He will also chair the company’s audit committee and serve as a member of the remuneration committee. Mr Sedge has more than 40 years’ experience in the energy sector within the UK and across numerous other countries. He has held senior executive […]
Tag: oil and gas
Block simplifies capital structure
Block Energy plc has cancelled unexercised options and issued new shares to its directors and staff voluntarily participating in a scheme to simplify the company’s capital structure. EBT The exercise follows the company’s review which identified the number of unexercised share options, equal to some 11.3% of its fully diluted share capital, as a “material […]
Block CEO increases voting rights
Block Energy plc chief executive officer and director Paul Haywood has increased his voting rights in the Georgia-focused oil and gas developer and producer. TVRs A TR-1 notification states that on 13 November 2025, Mr Haywood held 134,139,905 shares, and had increased his voting rights from 5.82% to 13.3%. The change has made him the […]
United awards 332m share options
United Oil & Gas plc has awarded an aggregate 332,361,111 share options, valid for 10 years, under its updated unapproved share option scheme, as announced in September. PDMRs A total of 100,416,666 share options, representing 2.47% of the company’s current issued share capital, were awarded to employees and consultants. A further 231,944,445 share options (5.71%) […]
United signs survey vessel contract for Walton Morant
United Oil & Gas plc has signed a contract for the R/V Gyre survey vessel to conduct the piston coring and surface geochemical programme at Walton Morant, offshore southern Jamaica. HURRICANE Texas-based TDI Brooks International is due to deliver the vessel to the 22,400km2 licence block in mid to late December 2025. The work programme, […]
Sunda investors back directors’ shares issue
Sunda Energy plc shareholders have approved the issue of its directors’ subscription shares, and cover any future exercise of 480 million warrants, from the 17 October fundraise. TVRs The vote at the 10 November general meeting results in granting authorities for the issue of a total of 800 million new ordinary shares. Chairman Gerry Aherne […]