Orcadian Energy plc has mutually ended its agreement with a US company for an offshore energy-to-compute data platform, using the Earlham and Orwell gas prospects.
Tag: Orcadian Energy plc
Orcadian agrees review for Earlham offshore data centre
American partner will perform due diligence, commercial evaluation and negotiate a definitive transaction.
Orcadian issues 273,749 shares
Orcadian Energy plc has issued 273,749 ordinary shares to settle £35,000 of the face value of the December 2025 loan amount. TVRs Following the conversion, a total of £317,500 in aggregate face value of CLNs remains outstanding. On admission, the company’s total voting rights will be 80,260,726 ordinary shares. Orcadian holds oil and gas licence interests in the […]
Orcadian issues 781,634 shares
Orcadian Energy plc has issued 781,634 ordinary shares, which settles £100,000 of the face value convertible loan amount from December 2025. TVRs Following the conversion, a total of £352,500 face value CLNs remains outstanding. On admission, the company’s voting rights will be 79,986,977 ordinary shares. Orcadian holds UK North Sea oil interests which include the Pilot field, Elke […]
Orcadian plans offshore power station for Earlham
Orcadian Energy plc has started an assessment for a potential offshore power station to develop the Earlham and Orwell gas fields, within P2680, in the southern UK North Sea. DATA CENTRE The power station would capture carbon dioxide for reinjection into the Earlham reservoir to “boost pressure and recovery”. Generated low-carbon power would also supply […]
Orcadian to receive £500,000 in CLNs
Orcadian Energy plc has received £322,500 of a total £500,000 in unsecured convertible loan notes from existing and new investors. USES The explorer said it had agreements in place to sell the balance of the CLNs, with the proceeds expected by the end of January 2026. Arranged by the company, the CLNs mature on 31 […]