Corcel plc has issued 31,250,000 new ordinary shares of £0.0001 by way of a warrants exercise at a price of £0.00225 per warrant share for £70,312.50. TVRs Following admission of the 31,250,000 warrant shares, the company’s issued share capital will comprise of 5,589,928,731 ordinary shares, each with one voting right. The company has also applied […]
Tag: oil and gas
United issues 2.5m shares
United Oil & Gas plc has issued 2.5 million new ordinary shares of £0.00001 each in a warrants exercise at £0.0015 per share, for £3,750. The warrants were issued as part of the company’s £700,000 fundraise in December 2024. Following admission, United’s total voting rights will be 2,063,877,779. The company owns the 22,400km2 Walton Morant […]
Ascent identifies first wells for workovers in Utah
Ascent Resources plc and its potential partner ARB Energy LLC have identified the first 15 wells for workovers, at a cost of $100,000, on oil, gas and helium-rich leases in northern Utah. LOAN NOTES In May, the company conditionally acquired a 10% interest in the ARB-owned and operated leases and rights to 50% of incremental […]
Angus CEO resigns
Angus Energy plc’s chief executive officer and director Richard Herbert has resigned, with immediate effect. The company also announced that it was in “active discussions” with Jonathan Tidswell-Pretorius on assuming the role of interim non-board role of chief operating officer. “The board would like to thank Richard for his dedication and hard work in taking […]
Sunda CEO-NED buy total 158m shares
Sunda Energy plc’s chief executive officer and an independent non-executive director have purchased, in total, 158 million ordinary shares of 0.025 pence each in the company. On 16 June, Dr Andy Butler acquired 38m ordinary shares at a price of 0.025 pence per share for £9.500. His total shareholding in Sunda is now 730,601,442 ordinary […]
Sunda again defers drilling Chuditch-2
Sunda Energy plc has deferred drilling the Chuditch-2 appraisal well offshore Timor Leste to the first half of 2026 because it was unable to agree a rig contract. LOGISTICS Drilling, already once deferred from its original date of early 2025, was due to begin during the second half of this year on the field under […]