Support for Reabold Resources’ £6.14m offer for Union Jack Oil plc has reached 6.2% as Union Jack half-year revenue grows to £1.6m
Tag: revenue
Predator assesses ‘agressive’ drilling at Bonasse
Predator Oil & Gas Holdings plc said it was evaluating an “aggressive” back-to-back drilling programme at the Bonasse field onshore Trinidad, to take advantage of the recent spike in oil prices. REVENUE During February 2026, the company drilled and completed two new development wells, BON-18 and 19, with both now online and producing. Predator has […]
Harbour posts record production
Harbour Energy plc posted record production and an increase in revenue, while losses doubled on UK taxes and write-offs during 2025. NEW PROJECTS Production increased by 84% to a 474 thousand barrels of oil equivalent per day (2024: 258 kboepd), with new wells and projects in the UK, Norway, Argentina and Egypt. Revenue and other […]
Tullow signs debt refinancing deal
Tullow Oil plc has signed a binding lock-up agreement for refinancing of circa 66% of its $1,285,245,000 (£953m) 10.25% senior secured notes, due in May 2026. REVENUE The agreement, with debt holders including Glencore Energy UK Ltd’s $400 million notes,is expected to complete during the second quarter of 2026. The Irish company said that the transaction released its senior […]
Central begins up to $10m share buyback
Central Asia Metals plc today started to buy back up to 18,190,494 ordinary shares of US$0.01 each, for up to a maximum aggregate value of US$10 million. PROGRAMME Shareholders granted the company the authority to purchase the shares, via the London Stock Exchange, at its 2025 annual general meeting. Central will continue the programme until […]
Prospex begins gas sales from Viura-1B
Prospex Energy plc has more than doubled production and revenue from its producing assets with the start of gas sales from the completed Viura-1B development well in northern Spain. EXPANSION Flow testing is underway at rates of up to 500,000 standard cubic metres per day, (17.7 million standard cubic metres per day), with 72,000 scm/d (2.6 MMscfd) net […]