There's a real end-of-term feel today, lots of brokers have got all the complicated stuff of results out of the way so today is a day for doing all the niggly paperwork like TVRs and AGM dates to get them out of the way before a pre-Bank-Holiday trip to the pub. I guess Baron's placing is the big news, to fund Timor-Leste ahead of a farmout and ditto the North Sea, also results from Petrom and Cadogan, who note that it's been "a challenging year" but would still like you to farm into some licences in Ukraine. Prospex continue to make a mint out of their Spanish power plant.
Brent=$107.14(May) WTI=$104.11(May,Brent-3.03) Nymex gas=$7.25(May)
NBP =163.68p(May,Nymex+13.32) TTF=€99.450(June,Nymex+23.49) JKM=$24.530(June,Nymex+17.28)
Today 16:35 Pharos Energy PLC (PHAR)
Total Voting Rights
https://www.investegate.co.uk/pharos-en ... 35077482J/
As at 29 April 2022, the Company's issued share capital consisted of 451,727,369 ordinary shares of £0.05. The Company holds 9,122,268 shares in Treasury.
Today 16:00 Hunting PLC (HTG)
Report on Payments to Governments
https://www.investegate.co.uk/hunting-p ... 00079281J/
consolidates payments made by Tenkay in relation to 15 operating oil and gas fields which have made payments to the US government in the year and in which the business had an interest during the reporting period. Tenkay's business model has been to hold small equity or working interests in oil and gas assets across the US. £245k.
Today 15:35 WOOD GROUP (JOHN) PLC (WG.)
Director/PDMR Shareholding
https://www.investegate.co.uk/wood-grou ... 3524PF845/
ROBIN WATSON incentive plan
Today 15:00 Energean PLC (ENOG)
Block listing Interim Review
https://www.investegate.co.uk/energean- ... 00049232J/
Energean 2019 Deferred Bonus Plan
Today 15:00 Energean PLC (ENOG)
Notice of AGM
https://www.investegate.co.uk/energean- ... 00049241J/
The Company's 2022 Annual General Meeting will be held at the offices of Norton Rose Fulbright LLP, 3 More London Riverside, London, SE1 2AQ on Thursday 26 May 2022 at 11 a.m. (BST).
Today 15:00 EnQuest PLC (ENQ)
Report on Payments to Govts
https://www.investegate.co.uk/enquest-p ... 00049268J/
$51.5m Malaysia, $11.8m UK
Today 14:57 WOOD GROUP (JOHN) PLC (WG.)
Director/PDMR Shareholding
https://www.investegate.co.uk/wood-grou ... 5700P3A81/
ROBIN WATSON SHARE PURCHASE IN ACCORDANCE WITH A TRADING PLAN RELATING TO THE WOOD EMPLOYEE SHARE PLAN
Today 14:56 WOOD GROUP (JOHN) PLC (WG.)
Director/PDMR Shareholding
https://www.investegate.co.uk/wood-grou ... 5600P00A0/
ROBIN WATSON AWARD OF CONDITIONAL SHARES UNDER THE TERMS OF THE WOOD 2021 ANNUAL BONUS PLAN
Today 14:55 WOOD GROUP (JOHN) PLC (WG.)
Director/PDMR Shareholding
https://www.investegate.co.uk/wood-grou ... 5500PC0A1/
CFO DAVID KEMP AWARD OF CONDITIONAL SHARES UNDER THE TERMS OF THE JOHN WOOD GROUP PLC LONG-TERM PLAN (“LTP”) SUBJECT TO PERFORMANCE CONDITIONS FOR THE PERIOD 2022-2024 AND ADJUSTMENT OF VESTING OUTCOMES BY THE REMUNERATION COMMITTEE, IF APPLICABLE.
Today 14:46 Capricorn Energy PLC (CNE)
Total Voting Rights
https://www.investegate.co.uk/capricorn ... 46549265J/
322,139,185
Today 14:38 PJSC LukOil (LKOD)
Re Release of 1Q2022 Results
https://www.investegate.co.uk/pjsc-luko ... 38269249J/
PJSC «LUKOIL» notifies on its decision not to release operating results and interim consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS) for the first quarter of 2022.
Today 14:29 PJSC Gazprom (OGZD)
Gazprom delisting of depositary receipts
https://www.investegate.co.uk/pjsc-gazp ... 29559229J/
PJSC Gazprom announces the termination of its programmes of Depositary receipts representing shares in the Company...PJSC Gazprom exercised its right under the Law and applied to the Russian Government requesting that circulation of the receipts outside the Russian Federation continue, but the request was rejected on 28 April 2022.
Today 14:10 Kosmos Energy Ltd (KOS)
Notice of Annual Stockholders Meeting
https://www.investegate.co.uk/kosmos-en ... 10227895J/
The 2022 annual stockholders meeting will be held in a virtual meeting webcast format only, at 8:00 a.m. CDT (2:00 p.m. BST) on Thursday, June 9, 2022.
Today 14:10 S.N.G.N. Romgaz S.A. (SNGR)
Notice of OGSM on June 8 (9), 2022
https://www.investegate.co.uk/s.n.g.n.- ... 10509189J/
onvening of the Ordinary General Meeting of Shareholders of S.N.G.N. ROMGAZ S.A. on June 8 (9), 2022, 1:00 PM (Romania time)
Today 14:04 PJSC Tatneft (ATAD)
Board Reapproves Nominations to the Board
https://www.investegate.co.uk/pjsc-tatn ... 04319175J/
Due to certain changes in applicable legislation, at the meeting (absentee) held on 29 April 2022 the Board of Directors of PJSC Tatneft (the "Company") reapproved the following list of candidates to the Board of Directors of the Company for the election by the shareholders at the Annual General Shareholders' Meeting
Today 13:22 'Surgutneftegas' PJSC (SGGD)
Information statement of a significant fact on the meeting of the issuer's Board of Directors and its agenda
https://www.investegate.co.uk/--39-surg ... 2218ENCOS/
Date of the meeting of the issuer's Board of Directors: 04 May 2022.
Today 13:10 Baron Oil PLC (BOIL)
Placing and subscription to raise £1.65 million
https://www.investegate.co.uk/baron-oil ... 10099086J/
it has conditionally raised £1.65 million (before expenses) by way of a placing and subscription (together the "Fundraising") of a total of 2,750,000,000 new ordinary shares of 0.025p each ("Ordinary Shares") in the Company (the "New Ordinary Shares") at a price of 0.06 pence per share (the "Issue Price"). Allenby Capital Limited ("Allenby Capital") is acting as broker in connection with the Fundraising, which was oversubscribed....We now have two major projects progressing towards key evaluation points - Chuditch PSC (Timor-Leste) and P2478 (UK) - both of which are material in terms of potential value, equity interest and prospective resources, with relatively short timelines to potential drill decisions. In particular, the additional monies committed to Baron will be sufficient to reach a decision point on Chuditch. There remains the final push to be done in the form of the interpretation of the reprocessed 3D seismic data, which is expected to commence in June and we look forward to updating the market on the results of the final 3D pre-stack depth migration data thereafter. From there, we will re-double our efforts on the farmout process....Our initial work on P2478 should be complete by the end of 2022, leaving us time to make a drill or drop decision by July 2023....All of these activities will be focused on setting up a potential two well drilling campaign for Chuditch in 2023....Approximately 35% of the net proceeds of the Fundraising will be directed towards the evaluation of potential new ventures, the withdrawal from Peru as well as covering the Company's general and administrative expenses and other related working capital.
Today 12:38 Nostrum Oil & Gas (NOG)
Results of General Meeting
https://www.investegate.co.uk/nostrum-o ... 38529029J/
As both of the resolutions were approved, the Company will now proceed with the implementation of the Restructuring by means of the Scheme on the basis of Scenario 1 (as outlined in the circular issued by the Company on 13 April 2022 (the " Circular " )). The implementation of the Restructuring remains subject to the satisfaction of certain other conditions precedent as outlined in the Circular.
In addition, the approval of the resolution in respect of the implementation of the Restructuring means that the Company will proceed to transfer its listing to the standard listing segment of the Official List, which is expected to become effective on 31 May 2022.
Today 11:32 Tullow Oil PLC (TLW)
Total Voting Rights
https://www.investegate.co.uk/tullow-oi ... 32328943J/
As at 29 April 2022, Tullow Oil plc's issued share capital consisted of 1,436,527,232 ordinary shares (with a nominal value of 10p each) with voting rights.
Today 11:00 Jersey Oil & Gas PLC (JOG)
Price Monitoring Extension
https://www.investegate.co.uk/jersey-oi ... 00508866J/
https://uk.finance.yahoo.com/quote/JOG.L/chart
On the day it's soared +28% with a spike to +38%. Over the last 2 weeks it's up +19.9% with a spike to +30%. Amazing what the H word can do.
Today 10:55 PJSC LukOil (LKOD)
Doc re. EGM Materials
https://www.investegate.co.uk/pjsc-luko ... 55278851J/
a copy of materials that are made available for those entitled to participate in the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" to be held on 30 May 2022 including:
Today 08:12 S.N.G.N. Romgaz S.A. (SNGR)
2021 Report on payments to governments
https://www.investegate.co.uk/s.n.g.n.- ... 12588536J/
S.N.G.N. ROMGAZ S.A. Report on Payments to Governments for year 2021 http://www.rns-pdf.londonstockexchange. ... 2-4-29.pdf
Today 07:19 Diversified Energy (DEC)
Total Voting Rights
https://www.investegate.co.uk/diversifi ... 19338473J/
the total number of ordinary shares of 1p each in the capital of the Company in issue as at the date of this announcement is 850,548,478 with each ordinary share carrying the right to one vote. There are no ordinary shares held in treasury and therefore the total number of voting rights in the Company is 850,548,478.
Today 07:16 Diversified Energy (DEC)
Replacement: Results of Annual General Meeting
https://www.investegate.co.uk/diversifi ... 16518470J/
Diversified Energy Company PLC (LSE: DEC) is pleased to announce that all resolutions put to shareholders at the Company's Annual General Meetings held on 26 April 2022 were duly passed....The Company is amending its Annual General Meeting shareholder vote information (reported on 26 April 2022) to include 2,200,000 votes (0.32% of total shares outstanding) cast in person at the meeting ("For" each Resolution) and inadvertently excluded from the previously reported results
Today 07:13 Capricorn Energy PLC (CNE)
Transaction in Own Shares
https://www.investegate.co.uk/capricorn ... 13078461J/
33,758 at 202.21 pence
Today 07:00 OMV Petrom S.A. (PETB)
Results for January - March 2022
https://www.investegate.co.uk/omv-petro ... 00058386J/
u Clean CCS Operating Result at RON 2.2 bn, 243% higher, in the context of unprecedentedly high and volatile commodity prices impacted by the Russia-Ukraine war and post COVID recovery
u Clean CCS net income attributable to stockholders at RON 1.8 bn, up 244%
u Cash flow from operating activities at RON 2.6 bn, 129% higher
u CAPEX at RON 0.6 bn, up 10%
u Free cash flow after dividends increased by 351% to RON 1.9 bn
u Record high dividends of RON 1.9 bn for FY 2021 to be paid starting June 6
u Clean CCS ROACE at 17.8%, 12 pp higher
u Production decreased by- 12.7%, mainly due to divestments and high natural decline in the main fields u Production cost increased by 13% to USD 14.2/boe, mainly driven by lower production and higher electricity costs, partly compensated by positive FX effects Refining and Marketing u ...
u Production cost increased by 13% to USD 14.2/boe, mainly driven by lower production and higher electricity costs, partly compensated by positive FX effects
Today 07:00 Cadogan Petroleum Plc (CAD)
Annual Financial Report
https://www.investegate.co.uk/cadogan-p ... 0000PA57B/
"2021 remained another challenging year above any expectation."!!!!
Loss for the year: $5.1 million (2020: loss of $1.0 million)
Average realized price: $55.7 /boe (2020: $32.9/boe)
Gross revenues[1]: $8.8 million (2020: $5.1 million)
G&A[2]: $3.7 million (2020: $3.8 million)
Loss per share: 2.1 cents (2020: loss of 0.4 cents)
Cash at year end: $15.0 million (2020: $13.3 million)
Production: 127,662 bbl (2020: 106,398 boe), a 20% increase year-on-year
Maintaining a robust balance sheet, monetising the remaining value of our Ukrainian assets and supplementing E&P cash flow with revenues from gas trading and oil services
Pursuing farm-out to progress investments in Ukrainian licenses [good luck with that!!!]
Diversify Cadogan’s portfolio, both geographically and operationally
Court decision due in July on getting the Italians to pay back their €15m loan.
Today 07:00 Curzon Energy plc (CZN)
Final Results
https://www.investegate.co.uk/curzon-en ... 00037834J/
The Company will be holding its AGM at the Company's business address, which is located at Curzon Energy Plc, (WeWork), 71-91 Aldwych House, London WC2B 4HN on Tuesday 31 May 2022 at 2.00 pm...
the Company focused its efforts on progressing a potential reverse takeover transaction ("RTO") with Poseidon Plastics Ltd ("PPL" or "Poseidon"), developer of an integrated process based on its patented technology platform, to convert currently unrecyclable PET waste, including colored and opaque materials, into high value enhanced recycled PET resin (''erPET'') and recycled BHET ("rBHET")....
For the period ended 31 December 2021, the Group incurred a loss of US$821,344 (2020: loss of US$699,871). The majority of this loss comprised the recognition of a provision for reclamation obligations associated with the Coos Bay project as well as administrative expenses and required listing and regulatory overheads. Overall administrative expenses were broadly consistent during the period at US$569,865 in 2021 (2020: US$528,799) and finance expenses rose slightly to US$165,598 (2020: US$88,775) reflecting the ongoing costs of funding the business during this phase of due diligence.
Today 07:00 Gulf Marine Services (GMS)
Contract
https://www.investegate.co.uk/gulf-mari ... 00047859J/
is pleased to announce the award of a 2-year contract for one of its K Class (smaller) vessels, with a National Oil Company (NOC) client in the MENA region. The contract will commence in May 2022 and brings total secured utilization for the year to 88%.
The Company expects to announce its 2021 Final Results during the second week of May 2022.
Today 07:00 San Leon Energy PLC (SLE)
Further update on the potential transaction
https://www.investegate.co.uk/san-leon- ... 00047856J/
provides the following update on the proposed reorganisation to consolidate Midwestern Oil and Gas Company Limited's ("Midwestern") shareholdings in: i) the Company; and ii) Midwestern Leon Petroleum Limited ("MLPL") into a single shareholding in the Company (the "Potential Transaction"). The Potential Transaction also comprises, inter alia, a proposed consolidation of Midwestern's indirect debt and equity interests in Energy Link Infrastructure (Malta) Limited ("ELI") with those of the Company, as well as further new debt and new and existing equity investments to be made by San Leon in ELI. The Potential Transaction, if concluded, would be classified as a reverse takeover under the AIM Rules for Companies (the "AIM Rules").... the Company now currently expects to publish an AIM admission document (the "Admission Document") in respect of the Potential Transaction by 24 June 2022 at the latest
Today 07:00 Prospex Energy PLC (PXEN)
El Romeral: Income and Production Update
https://www.investegate.co.uk/prospex-e ... 00047852J/
is pleased to provide an update on the production strategy of, and income from, the El Romeral power plant in southern Spain ('El Romeral'). El Romeral continues to provide a very healthy income from selling electricity into the spot market in Spain at near record price levels. The Company holds a 49.9% working interest in El Romeral...Tarba has now repaid in full its two shareholders, Prospex and Warrego Energy Ltd, the outstanding loans held in the El Romeral asset of €589,577, plus accrued interest of €19,092.97....With the plant now fully automated, the Tarba executive management team has taken the decision to run the plant 24 hours a day, seven days a week as the default operating mode.
Today 07:00 Serinus Energy PLC (SENX)
Awards under Long-Term Incentive Plan
https://www.investegate.co.uk/serinus-e ... 00027510J/
on 29 April 2022, the Remuneration Committee has determined that under the terms of the Company's Long Term Incentive Plan ("LTIP") it has granted its Persons Discharging Managerial Responsibilities ("PDMRs") the following nil-cost share awards over ordinary shares of £0.0169 each in the Company ("Shares") under the LTIP.
Today 07:00 Afentra PLC (AET)
Publication of Annual Report and Notice of AGM
https://www.investegate.co.uk/afentra-p ... 00027345J/
it has today published its Annual Report and Financial Statements for the year ended 31 December 2021, together with the Notice of the Company's Annual General meeting.
The Annual Report and Financial Statements, and Notice of AGM can be found on the Company's website at http://www.afentraplc.com .
There are currently no restrictions on public gatherings in England as a consequence of the COVID-19 pandemic. We can therefore facilitate the attendance of shareholders at the Annual General Meeting which is proposed to be held at the offices of Buchanan, 107 Cheapside, London, EC2V 6DN on 24 May 2022 at 10:00am.
Today 07:00 DG Innovate PLC (DGI)
Total Voting Rights
https://www.investegate.co.uk/dg-innova ... 00027668J/
number of Ordinary Shares with voting rights in the Company is 8,842,715,107.
Today 07:00 Gulf Keystone Petrol (GKP)
2021 Annual Report & Sustainability Report
https://www.investegate.co.uk/gulf-keys ... 00027691J/
Gulf Keystone has today issued its Annual Report and Accounts for the year ended 31 December 2021 ("the Annual Report"). The Annual Report is now available on the Company's website: http://www.gulfkeystone.com .
Today 07:00 Gulf Keystone Petrol (GKP)
Report on Payments to Governments for 2021
https://www.investegate.co.uk/gulf-keys ... 00027704J/
6,406mboe and $355.811m to KRG
Today 07:00 Nostrum Oil & Gas (NOG)
Notice of Revised Full Year Results Date
https://www.investegate.co.uk/nostrum-o ... 00057904J/
announces a revised date for the publication of its Full Year 2021 Financial Results. The Company will publish its results on 5 May 2022 subject to Board approval and a signed auditor's opinion.
Today 07:00 S.N.G.N. Romgaz S.A. (SNGR)
2021 Annual Report
https://www.investegate.co.uk/s.n.g.n.- ... 00018395J/
the Annual Report for the year ended 2021, approved by the Resolution No. 3 of the Ordinary General Meeting of Shareholders on April 28, 2022, is available starting with April 29, 2022, 8:30 AM (Romania time)
Today 07:00 Serica Energy PLC (SQZ)
Total Voting Rights
https://www.investegate.co.uk/serica-en ... 00068399J/
271,740,474
Today 07:00 Velocys PLC (VLS)
Notice of Results
https://www.investegate.co.uk/velocys-p ... 00077803J/
will report its results for the full year ended 31 December 2021 on Tuesday, 17 May 2022.
Today 07:00 Wentworth Resources (WEN)
Annual Report and Notice of Annual General Meeting
https://www.investegate.co.uk/wentworth ... 00067726J/
its Annual Report and Accounts for the financial year ended 31 December 2021 ("Annual Report") and Notice of Annual General Meeting ("AGM") have been posted to shareholders and are available on the Company's website http://www.wentplc.com.
The AGM of the Company will be held at the offices of FTI Consulting, 200 Aldersgate, Aldersgate Street, London, EC1A 4HD at 10.00am BST on Wednesday 22 June 2022.