United Oil & Gas plc has issued five million new ordinary shares of £0.00001 each following notice to exercise warrants at £0.0015 per share, for £7,500. TVRs The warrants were issued as part of the company’s fundraising in December 2024. Following admission, United’s total voting rights will be 2,068,877,779. The company holds the Walton Morant […]
Tag: oil and gas
Harbour NED Simon Henry steps down
Harbour Energy plc non-executive director Simon Henry has resigned with immediate effect to pursue other opportunities. Mr Henry was appointed to Harbour’s board in 2021 and was the senior independent director of the company. He served on the company’s audit and risk and health, safety, environment and social committees. NED and chairman of the […]
Rockhopper confident of €31m Italy insurance
Rockhopper Exploration plc could be in line for €31 million from its insurance policy relating to the Ombrina Mare arbitration. TRIGGER The dispute followed the Italian Government’s ban on oil and gas exploration within 12 miles of the country’s coastline, which affected the company’s activities in the oil field. Rockhopper took out insurance in October […]
Ascent wins €5m in Slovenia arbitration
Ascent Resources plc has a won a further €4,990,976, plus interest since 19 January 2024, in an arbitration ruling against its former Slovenian joint venture partner Geoenergo d.o.o. PETROL GEO The sum is in addition to the €2,890,519.17 already accepted by Geoenergo’s administrator and approved by the relevant insolvency court. Proceedings relate to Ascent’s subsidiary’s […]
United raises £800,000 for Walton Morant
United Oil & Gas plc has raised £800,000 via a conditional placing and subscription for 444,444,444 new ordinary shares of £0.00001 each, at £0.0018 per share. MEETING The placing raised £654,852 and an additional £145,148 was directly subscribed for with the company. United said that the fundraising was “significantly oversubscribed and was scaled back”. Every two […]
Helium One appoints Nishant Dighe as NED
Helium One Global Ltd has appointed Nishant Dighe as a non-executive director, subject to due diligence. Mr Dighe has a background in engineering and business with more than thirty years’ experience across a broad range of organisations. He has held roles at ExxonMobil, strategic consultancy with Marakon Associates, and as chief operating officer and interim […]