Kistos Holdings plc has increased its interests for $12 million in the Balder Area, containing the Balder and Ringhorne Øst oil fields, in the Norwegian central North Sea.
Tag: sale and purchase agreement – SPA
Colle Santo date expires for Beacon to increase stake
Beacon Energy plc’s plan to buy a further share in the Colle Santo gas project has halted after the long stop date expired, with seller Reabold Resources plc.
Kistos secures two Oman blocks
Kistos signed the $148 million binding agreement for the three blocks in December 2025.
Panther secures more time for Obonga SPA
Panther Metals plc has secured a further 12 months to the sale and purchase agreement for the Obonga project, which covers over 90% of the Obonga Greenstone Belt, in Ontario, Canada. EXPLORATION The volcanogenic sulphide project contains base and precious metals and a range of ‘critical’ metals and minerals including gallium, rare earth elements, lithium […]
UKOG sells entire Horse Hill stake for £1m
UK Oil & Gas plc has agreed a £1 million sale of its 85.635% interest in the Horse Hill field and its PEDL137 licence, located near Gatwick Airport in Surrey, to London-based energy B plc. The Aquis-listed company raised £1.2m for the acquisition, through a placing of 9,479,200 ordinary shares at £0.12 per ordinary share, […]
Beacon agrees ‘pivotal’ deal over Colle Santo
Beacon Energy plc has reached a binding conditional agreement to buy shares, in a “transformational, value enhancing transaction”, in the Colle Santo gas field in the Abruzzo region, Italy. REABOLD The company, which posted £18.6 million losses in 2024 and is currently a cash shell, signed the share purchase agreement with investor Reabold Resources plc, which […]