Europa Oil & Gas (Holdings) plc’s chief executive officer William Holland has bought 299,951 ordinary shares of £0.01 each in the company at an average price of 0.575 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 7,409,667 ordinary shares, representing approximately 0.772% of Europa’s issued share capital. The […]
Tag: oil and gas
Serica extends deadline for EnQuest’s offer
Serica Energy plc has secured an extension to EnQuest plc’s possible all-share offer by way of a reverse takeover for the UK North Sea-focused company. DISCUSSIONS EnQuest was due to state its firm intention to make an offer for Serica by 5pm on 4 April 2025 in accordance with the Panel on Takeovers and Mergers […]
Helium One notes increased Jackson-4 flow rates
Helium One Global Ltd reported increased flow rates from the Jackson-4 L4 3154 development well which reached total depth of 1,260 feet (384m) at the Galactica project in Colorado, USA. SAMPLES After joint venture partner Blue Star Helium completed drilling in the Upper Lyons Sandstone formation, natural flow rates rose to approximately 190 thousand cubic […]
Helium One JV spuds Jackson-29 at Galactica
Helium One Global Ltd’s partner has spud the Jackson-29 SWNW 3054 development well at the Galactica helium project in Las Animas County, Colorado, USA. READINGS Operator Blue Star Helium is currently preparing to drill intermediate hole section. “The shallow conductor section has been set and blowout preventers are being installed and tested, and the next […]
Helium One accepts mining licence for Rukwa
Helium One Global Ltd has formally accepted the mining licence awarded at the end of February for its 480km2 project in the Momba and Sumbawanga Urban Districts in the southern Rukwa Basin, Tanzania. DEVELOPMENT The Tanzanian authorities have also approved the environmental and social impact assessment (ESIA) submitted as part of the company’s mining licence […]
UKOG suspends trading pending annual report
UK Oil & Gas plc has suspended trading following a delay in publication of its annual report and accounts. The report for year ended 30 September 2024 will not be published by 31 March 2025, the date set according to AIM rules. The company said that trading will be temporarily suspended from 7.30 am on […]