Page 48 - Field Development Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  Conditional offer to acquire up to an additional 13.12% of Corallian Energy Limited and Victory Operational Update   Reabold, the investor in upstream oil and gas projects, is pleased to announce that it has conditionally offered to acquire additional Corallian Energy Limited ("Corallian") shares from existing Corallian shareholders, in exchange for Reabold shares, at a ratio of 474 Reabold shares for 1 Corallian share (the "Offer"), potentially increasing Reabold's shareholding in Corallian to a maximum of 49.99%.  Highlights: · Share offer t...

  UK Oil & Gas Plc (AIM: UKOG), a UK and internationally focused energy company, is pleased to announce its full year results for the full year ended 30 September 2020. A copy of the full annual report and details of the Company's annual general meeting will be posted to shareholders in due course. A copy of the full annual report will also be made available on the Company's website: www.ukogplc.com   Qualified Person's Statement Matt Cartwright, UKOG's Commercial Director, who has 38 years of relevant experience in the global oil industry, has approve...

UK: Jersey Oil and Gas completes the acquisition of CIECO V&C (UK) 07 Apr 2021 AIM-listed Jersey Oil & Gas, an independent upstream oil and gas company ‎focused on the UK Continental Shelf ('UKCS') region of the North Sea, has completed its acquisition of the entire issued share capital of CIECO V&C (UK), owned by ITOCHU and Japan Oil, Gas and Metals National Corp ('JOGMEC'). As previously announced on 26 November 2020, the consideration for the acquisition consists of a completion payment of £150,000 and two contingent payments based on the UK's Oil & Gas Authority's consent for a Fi...

US$12.3 TRILLION out of thin air… And if you click here we’ll show you something that could be key to unlocking 5G’s full potential... Revenue declined by just over 25% compared to the 2019 figure. And Pharos posted a big loss rather than profits because of a mammoth impairment charge “as a result of the oil price volatility and movements in 2P reserves.” In years gone by, Pharos (then called Soco) used to generate loads of cash and pay generous shareholder dividends. However, net cash from operations plunged by 22% in 2020 and the company even raised just under £12m in a placing ...

THE STANDARD By Macharia Kamau | April 6th 2021 at 00:00:00 GMT +0300 Had everything gone according to plan, Kenya would be preparing to start exporting its first consignment of commercially produced oil by the end of this year. However, this has since changed and the optimism with which 2021 was labelled as the possible date for Kenya’s first oil payday has been moved to 2022, then 2023 and now 2024. As recently as 2018, British exploration firm Tullow Oil had targeted a “Final Investment Decision (FID) for 2019 and First Oil for 2021/22.” But the company has gone mute on when it exp...