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Financials and Investment News in United Kingdom

UKOG Raises GBP 2m to Help Achieve Stable Oil Production at Horse Hill
12/2/2019 - UK Oil & Gas PLC has raised £2 million ("Proceeds") from a single institutional investor through a placing ("Placing") of 235,294,117 new ordinary shares ("Placing Shares") in the capital of the Compa...
Gulfsands to Secure GBP 4 million Financing
11/29/2019 - Gulfsands Petroleum plc, the oil and gas company focused on the Middle East region, is pleased to announce that at its General Meeting (“AGM”) held yesterday at the offices of Pinsent Masons LLP at 30...
Union Jack Oil Announces Placing & Subscription to Raise GBP 5m
11/27/2019 - Union Jack Oil plc, a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised £5 million by way of a placing and subscription of 3,333...
Subsea 7 S.A. Treasury Shares
11/15/2019 - Subsea 7 S.A. transferred 7,346 shares from treasury to satisfy employee share awards under the Company’s Long-term Incentive Plan. Following the above transfer, the number of common shares held in tr...
Cabot Energy Announces Proposed Cancellation of AIM Admission
10/29/2019 - Cabot Energy has announced the proposed cancellation of admission of its ordinary shares of 1p each to trading on AIM, re-registration as a private limited company and adoption of updated articles of ...
IGas Signs New Debt Facility
10/3/2019 - IGas announces that it has signed a US$40 million senior secured Reserve-Based Lending Facility (RBL) with BMO Capital Markets (BMO). ...
Subscription to raise US$350,000
9/19/2019 - Cabot Energy Plc has entered into an agreement with High Power Petroleum LLC ("H2P") to raise US$350,000 gross (£280,000), before expenses, by way of a subscription (the "Subscription"). The number o...
UKCS Decommissioning Cost Estimate 2019 Report published
7/18/2019 - The estimated cost of decommissioning the UKCS’s remaining oil and gas infrastructure is continuing to reduce, according to the latest analysis by the Oil and Gas Authority (OGA). ...
Total Divests Assets in the UK to Petrogas
7/10/2019 - Total has signed an agreement to divest several UK non-core assets to Petrogas NEO UK Ltd, the exploration and production arm of the Oman-based conglomerate MB Holding. Petrogas has partnered with Nor...
Placing to Raise £2.65 million
7/2/2019 - Reabold, the AIM investing company which focusses on investments in pre-cash flow upstream oil and gas projects, is pleased to announce that is has raised £2.65 million (gross) via a placing of 240,90...
SOCO International Announces Syndication of the RBL
6/24/2019 - SOCO International plc, an international oil and gas exploration and production company, is pleased to announce that DBS Bank has joined as a lending bank with effect from 18 June 2019 following the s...
Atlantic Petroleum Announces Share Suspension
5/26/2019 - The Board of Directors of Atlantic Petroleum has agreed with NASDAQ for a temporary suspension of the company’s shares. The Company advises that Graeme FAWCETT has elected to step down from his positi...
i3 Energy Announces Funding Update
4/29/2019 - i3 Energy, an independent oil and gas company with assets and operations in the UK, has provided an update in relation to its announcement of 1st March 2019 regarding its intended entry into a Junior ...
Strategic Investor, Fundraise and Issue of Equity
4/15/2019 - MX Oil plc, an oil and gas investing company quoted on AIM, announces the following corporate update: ...
Result of General Meeting (Gm) and Board Changes
4/3/2019 - On 7 March 2019, Victoria Oil & Gas Plc had conditionally raised £13.57 million (gross), with new and existing shareholders, comprising a Placing of 59,357,488 New Ordinary Shares and a Subscription o...
i3 Energy Announces Operational and Financial Update
3/22/2019 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, has provided an operational and financial update. ...
Union Jack Oil Announces Fundraising, Circular and Notice of General Meeting
3/20/2019 - Union Jack Oil plc, a UK focused, onshore oil and gas production company, has conditionally raised £1.75 million by way of a placing and subscription, through the issue of a total of 2,333,333,334 New...
United Oil & Gas Shares Admitted to Trading on AIM
3/1/2019 - United Oil & Gas, the oil and gas exploration and development company, has announced that further to the announcements of 31 January 2019 and 26 February 2019, admission of its ordinary shares of 1 pe...
Independent Oil and Gas Announces Project and Funding Update
2/25/2019 - Independent Oil and Gas, the development and production company focused on becoming a substantial UK gas producer, has provided an update on the funding and progress of its two-phase Southern North Se...
Angus Energy Announces Equity Placing to Raise GBP2.2 million
2/15/2019 - Angus Energy has announced that the Company has placed, subject to admission to trading on AIM, 55,000,000 new Ordinary Shares in the Company with existing, new and institutional shareholders (the 'Pl...

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