News Oil & Gas

JOG issues 600,000 share options

Jersey Oil & Gas plc (JOG) has granted options over a total 600,000 ordinary shares of 1p each, at an exercise price of 247.50 pence per ordinary share, to its directors, senior management and employees. EXECUTIVE DIRECTORS Chief executive officer Andrew Benitz received 150,000 options, taking his total options held to 800,000. Chief financial officer […]

News Oil & Gas

Prospex awards 3.7m share options to PDMRs-staff

Prospex Energy plc has granted a total of 3,700,000 share options in the company to directors and other staff following the annual review of staff remuneration.  OPTIONS The new options represent 1.30% of the Prospex’s current issued share capital, and take the total number awarded to staff and management to 14,346,897, representing 5.04% of the […]

Company Moves Equipment & Logistics News Oil & Gas

Helium One-Noble to secure rig for Rukwa

Helium One Global Ltd and Noble Helium have agreed to co-operate to secure a suitable drilling rig, associated services and arrange logistics for its proposed drilling campaign at Rukwa in Tanzania. DRILLING CAMPAIGN In January, the company had to review alternative rig options after the expected rig became unavailable for Phase II drilling operations. The […]

Metals & Minerals News

Caerus grants directors total 4.4m share options

Caerus Mineral Resources plc has granted options over a total 4,400,000 ordinary shares of 1 pence, with an exercise price of 7.5 pence, to incentivise and retain its directors. DIRECTORS The exercise price represents an approximate 36% premium to the closing share price on 24 November 2022. Executive chairman Christopher Lambert received 2,000,000 options; chief […]

Metals & Minerals News Oil & Gas

Ascent awards 4.6m share options to employees and PDMRs

Ascent Resources plc has awarded 4.6 million options over ordinary shares to certain employees and persons discharging managerial responsibilities (PDMRs). PDMRs The performance vesting criteria for the options is the execution of a cash-generating ESG metals transaction consistent with the company’s strategy, said Ascent. Executive chairman James Parsons and chief executive officer Andrew Dennan each […]