Jersey Oil & Gas plc has granted options over in aggregate 775,000 ordinary shares of 1p each in the company to its directors, senior management and employees. DIRECTORS The options exercise at 82.5 pence per ordinary share over a period of seven years for executive directors / officers and five years for non-executive directors. A […]
Tag: UK Northern North Sea
Serica halts Rhum production
Serica Energy plc has temporarily shut down Rhum production in the UK Northern North Sea after identifying a fault in the subsea control module. REPAIRS The company said there were currently no safety or environmental issues associated with the fault. Serica plans to replace the control module with a spare module held in stock, which […]