Financials and Investment News in United Kingdom

Doriemus Raises £865,200 to Fund Drilling at Brockham & Horse Hill
10/21/2016 - Doriemus PLC, the London traded UK focused oil and gas exploration and production investment company, is pleased to report the results of the Open Offer that was announced on 6 September 2016.
£70 Million Placing And Up To £4.4 Million Open Offer
10/20/2016 - Hurricane is pleased to announce that it has conditionally raised gross proceeds of £70 million through a proposed issue of 205,882,353 Placing Shares at a price of 34 pence per share. ...
Tower Resources Raises £0.56 Million through Open Offer
10/20/2016 - Tower Resources plc (Tower), the AIM listed Africa focussed oil and gas exploration company, announced on 8 September 2016 the results of a placing of £1.03 million (US$1.35 million) and an intended O...
Unite Members Vote to Accept Wood Group Proposal
9/22/2016 - Members of Scotland’s biggest offshore union have voted to end an industrial dispute that led to the first North Sea strike in a generation. In July, members of the Unite union working on Shell platfo...
Doriemus Launches Open Offer to Raise up to £865,200
9/6/2016 - Doriemus PLC, the London traded UK focused oil and gas exploration and production investment company, is pleased to announce the launch of a 3 for 10 Open Offer to raise up to £865,200 (before expense...
BP's Dudley Sees Oil Price at $50 per Barrel for Rest of 2016
9/2/2016 - BP Chief Executive Robert Dudley said he expected global oil prices to remain at around $50 per barrel till the end of this year and at the same level or even "little above" in 2017, he told reporters...
Nostra Terra Raises £250,000 via Placing of New Shares
7/14/2016 - Nostra Terra, the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce that it has raised gross proceeds of £250,000 via the placing o...
Tullow Oil Plc Convertible $300 Million Bond Offering
7/6/2016 - Tullow Oil plc (Tullow Oil) announces the launch of an offering (the “Offering”) of $300 million of Convertible Bonds due 2021 (the “Bonds”). The proposed Convertible Bond Offering will further divers...
Circle Oil Announces Suspension of Shares
6/29/2016 - In the announcement of the Company's annual results for the period ended 31 December 2015 published earlier today, the Company stated that it is expected to require a renegotiation of its existing fun...
Circle Oil Provides Financial Update
6/24/2016 - Further to the announcement of 27 May 2016, Circle Oil plc the international oil and gas exploration, development and production company, is pleased to announce that International Finance Corporation ...
Ascent Announces Share Placing to Raise £500,000
6/9/2016 - Ascent Resources plc has raised £500,000 (net to the Company) via the placing of 83,333,333 new ordinary shares of 0.2p each in the Company at a price of 0.6 p per Placing Share. ...
Coretrax Wellbore Products Save Operators £10million
6/2/2016 - Coretrax, leading engineered servicing company for wellbore clean and abandonment, has secured cost savings of nearly £10 million in rig time for UK operators. ...
PetroMaroc to Conduct Cdn $390,000 Debenture Financing
6/1/2016 - PetroMaroc Corporation plc (PetroMaroc) intends to complete a secured, non-convertible debenture financing (the “Financing“) of Cdn $390,000 (the “2016 Debentures“), the proceeds of which will be used...
Petrofac Reaches Commercial Regarding the Laggan-Tormore Gas Plant
5/6/2016 - Petrofac has reached final commercial settlement with its client in respect of the Laggan-Tormore gas plant in the Shetland Isles. As part of the agreement, our client has informed us that there will ...
African Petroleum Shares De-Listed from the NSX
1/5/2016 - African Petroleum, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, advises that further to its announcement on 22 December 2015 the Compan...
InfraStrata Provides Update on Islandmagee-1 Well
9/4/2015 - InfraStrata plc, the independent petroleum exploration and gas storage company, is pleased to provide an update on the programme of works on the Islandmagee gas storage project in Northern Ireland fol...
Gulfsands Petroleum Provides Funding Update
7/31/2015 - Gulfsands Petroleum Plc, the AIM listed oil and gas company with activities in Syria, Morocco, Tunisia and Colombia, provides the following update with regard to its proposed financing. ...
Financing Update and Assignment of Arawak Loan Facility
7/30/2015 - Gulfsands Petroleum Plc, the AIM listed oil and gas company with activities in Syria, Morocco, Tunisia and Colombia, is pleased to provide the following update with regard to a proposed financing and ...
Update on Funding and Assignment of Loan Facility
6/30/2015 - Gulfsands Petroleum Plc, the AIM listed oil and gas company with activities in Syria, Morocco, Tunisia and Colombia, is pleased to provide the following update with regard to a proposed financing and ...
BMT’s Charity Event Raises Over £5k for Help for Heroes
6/25/2015 - BMT Isis (BMT), with support from sister companies, BMT Defence Services, BMT Hi-Q Sigma and BMT Reliability Consultants, has raised over £5,000 for the UK military charity, Help for Heroes (H4H) at i...

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