Gas price fall poses challenge for North Sea minnow
A pioneering North Sea firm that won backing from US billionaire Warren Buffett has underlined the scale of the challenges it is facing following…
Source: heraldscotland.com
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AIM WINNERS & LOSERS: IOG down on "challenging" financial position -September 13, 2023 at 05:54 am
The following stocks are the leading risers and fallers on AIM in London on Wednesday. ---------- AIM - WINNERS ---------- Longboat Energy PLC, up 4.4% at 24.00 pence, 12-month range 23.6p-25.20p....
Source: marketscreener.com
IOG says Blythe H2 well efficiency up but gas rate down in August
IOG PLC on Wednesday said operating efficiency for the Blythe H2 well in the UK North Sea was up in August compared to the year-to-date, but still expressed concerns about its financial position and...
Source: marketscreener.com
IOG tanks as gas rate declines and bond payments loom
Shares in IOG PLC (AIM:IOG) tanked 41% to 1.00p after the company said its “financial position remains challenging” following a fall in the gas rate from...
Source: proactiveinvestors.co.uk
IOG says bondholders vote in favour of bond waiver deal
IOG PLC - London-based, UK-focused gas developer and producer - Confirms that bondholders controlling 70% of the voting bonds, or 100% of the votes cast, have now voted in favour of the bond waiver...
Source: marketscreener.com