United Oil & Gas plc has appointed David Williams as an independent non-executive director, with immediate effect. Mr Williams has more than 20 years’ experience in investment management capital markets and corporate strategy. His career has involved identifying value opportunities and delivering strategic growth across multiple industries. Mr Williams also has knowledge of portfolio management, investment […]
Tag: oil and gas
Kistos issues 2m shares in options exercise
Kistos Holdings plc has applied for a block admission of two million ordinary shares, of £0.10 each, to trade on AIM. The ordinary shares relate to share option exercises under the company’s 2021 employee incentive plan and 2025 long-term incentive plan. Admission is expected on or around 24 October 2025. As at 2 September 2025, […]
Serica’s move to main market delayed
Serica Energy plc said the effect of its recently proposed acquisitions made it unlikely to complete its planned 2025 move from AIM to the main market of the London Stock Exchange. PROSPECTUS The company plans to buy BP’s 32% non-operated working interest in UK central North Sea licences P111, containing the Culzean gas condensate field, […]
GreenRoc secures €5m loan for Amitsoq
GreenRoc Strategic Materials plc has agreed up to a €5.2 million loan for its Amitsoq graphite mine in south Greenland and an active anode material (AAM) pilot plant in Denmark. RESOURCE The binding secured loan from the Export and Investment Fund of Denmark (EIFO), available to draw down during the first two years, is repayable […]
Serica resumes production from Triton
Serica Energy plc has resumed production from the Triton floating production storage and offloading vessel, following a suspension of operations at the end of last month. INCREASE An issue with the flare system temporarily halted production on 30 September until operator Dana Petroleum resolved the matter. “Production resumed in line with expectations at a limited […]
Prospex JV resumes production at Viura-1B
Prospex Energy plc’s joint venture has retrieved testing equipment left inside the Viura-1B well and restarted gas production in Northern Spain. CASHFLOW Partner and operator Heyco Energía Iberia S.L. resumed production on 17 October and three days later reached 120,000 cubic metres per day. The JV aims for 180,000 cmd plateau production this week. “The […]