Re: Hal's oily roundup
Posted: October 4th, 2022, 1:05 pm
Nice quiet day today - Eco spud their Gazania well off South Africa which is a potential 150mmbbl net for a £120m company. Union Jack do another "making money at Wressle" RNS and exercise warrants in their partner Egdon. Interesting that the new non-exec at Angus talks about storage which I don't think they've mentioned before. Peter Gyllenhammar buys more PressureTech
Today 12:32 Block Energy PLC (BLOE)
Issue of Options and Shares and PDMR Dealing
https://www.investegate.co.uk/block-ene ... 32597418B/
Today, the Company granted nil-cost options over a total of 2,061,387 ordinary shares of 0.25p each ("Options") to directors, employees, and consultants. The Options were granted in lieu of cash payment for 40% of salaries and consultants' fees and up to 50% of directors' fees, in accordance with the cash conservation measures announced on 7 April 2020 and subsequent agreements with the employees, consultants and non-executive directors for fees to be paid in nil-cost options in lieu of cash payment.
Today 11:44 Oil and Gas Devt Co (OGDC)
Annual report for the year ended June 30, 2022
https://www.investegate.co.uk/oil-and-g ... 44157310B/
It is informed that the Annual Report of the Company for the year ended June 30, 2022 have been transmitted through PUCARS and is also available on Company's website.
You may please inform the TRE Certificate Holders of the Exchange accordingly.
http://www.rns-pdf.londonstockexchange. ... 2-10-4.pdf
Today 10:37 PressureTechnologies (PRES)
Holding(s) in Company
https://www.investegate.co.uk/pressuret ... 37257109B/
On 30-Sep-2022, Peter Gyllenhammar AB (Stockholm Sweden) increased from 3.22% to 7.04%.
Today 07:30 Angus Energy PLC (ANGS)
Board Changes
https://www.investegate.co.uk/angus-ene ... 30016909B/
further to the announcement of 2 September 2022, Krzysztof Zielicki has now joined the Board of the Company as a Non-Executive Director. Krzysztof brings over 40 years of experience in the oil and gas industry. He has held leading roles for several Energy Majors, including BP and Rosneft, where he was Vice President for M&A and Strategy. He brings a wealth of technical, commercial and managerial experience as Angus enters the next phase of its growth strategy and has recently been appointed a Non-Executive Director of AIM traded SDX Energy Plc....
I look forward to helping George and the Board implement and execute their vision to transform Angus into a Major hydrocarbon producer and storage owner, through organic growth and strategic acquisitions. I am also very excited to leverage on my past experiences and network to further Angus's energy transition goals to develop and fund the company's geothermal portfolio.
Today 07:25 TotalEnergies SE (TTE)
Decarbonizing Heavy Industry: TotalEnergies and Holcim Join Forces to Study Solutions for First Carbon-Free Cement Plant in Belgium
https://www.investegate.co.uk/totalener ... 2500Z9408/
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Holcim in Belgium have signed a Memorandum of Understanding (MoU) to work together on the full decarbonization of a cement production facility being upgraded by Holcim in Obourg, Belgium. Various energies and technologies will be assessed for the efficient capture, utilization, and sequestration (CCUS) of around 1.3 million metric tons of CO2 emitted by the facility every year.
Each partner will contribute its best-in-class technologies and its know-how to explore and develop the project, including:
an innovative new air-oxyfuel switchable kiln, to facilitate the capture and purification of CO2 in the flue gases, as part of Holcim’s upgrade of the current cement plant; and
the transportation and use of the captured CO2 by TotalEnergies for an innovative e-fuel producing scheme and/or deposit in geological storage in the North Sea.
Today 07:00 Eco (Atlantic) O&G (ECO)
Commencement of Operations on the Gazania-1 well
https://www.investegate.co.uk/eco--atla ... 00046351B/
is pleased to announce the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well....Eco holds a 50% Working Interest ("WI") in Block 2B and is Operator of the block....
The Gazania-1 Prospect is targeting over 300 million barrels of light oil. Pending discovery in the vertical section the JV partners have the option to directionally drill a second sidetrack well from the main well bore. Both the vertical well and the sidetrack optional well will be logged and then plugged back to surface, the well will be sealed, plugged and the casing cut off below surface.
Today 07:00 Union Jack Oil PLC (UJO)
US$10m Net Revenues Landmark Reached at Wressle
https://www.investegate.co.uk/union-jac ... 00036245B/
is pleased to announce that material landmark net revenues of US$10,000,000 have been achieved from the Wressle hydrocarbon development ("Wressle"), located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.
Union Jack holds a 40% economic interest in this development.
In addition, the Company announces that it has exercised 4,000,000 warrants at 2.5p each to subscribe for 4,000,000 ordinary shares in Egdon Resources plc ("Egdon"). Following the exercise, the Company's holding in Egdon is 17,000,000 ordinary shares , representing 3.13% of the issued share capital of Egdon. Union Jack's total shareholding in Egdon is valued at approximately £909,500 as at close of business on 3 October 2022. Egdon is the operator of the Wressle development and holds a 30% economic interest.
Today 07:00 Egdon Resources PLC (EDR)
Notification of Major Holdings
https://www.investegate.co.uk/egdon-res ... 00066292B/
On 30 SEPTEMBER 2022, UNION JACK OIL PLC increased from 0% to 3.129%.
Today 07:00 Diversified Energy (DEC)
Transaction in Own Shares
https://www.investegate.co.uk/diversifi ... 00046348B/
the Company has purchased 300,000 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 130.03 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.
Today 07:00 Jadestone Energy PLC (JSE)
Transaction in Own Shares
https://www.investegate.co.uk/jadestone ... 00046328B/
it has purchased the following number of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") through Stifel Nicolaus Europe Limited ("Stifel") . The repurchased shares will be cancelled.
Brent=$90.3(October) WTI=$84.78(October,Brent-5.52) Nymex gas=$6.43(October)
NBP =295.4p(October,Nymex+27.04) TTF=€166.850(November,Nymex+41.93) JKM=$38.870(November,Nymex+32.44)
Today 12:32 Block Energy PLC (BLOE)
Issue of Options and Shares and PDMR Dealing
https://www.investegate.co.uk/block-ene ... 32597418B/
Today, the Company granted nil-cost options over a total of 2,061,387 ordinary shares of 0.25p each ("Options") to directors, employees, and consultants. The Options were granted in lieu of cash payment for 40% of salaries and consultants' fees and up to 50% of directors' fees, in accordance with the cash conservation measures announced on 7 April 2020 and subsequent agreements with the employees, consultants and non-executive directors for fees to be paid in nil-cost options in lieu of cash payment.
Today 11:44 Oil and Gas Devt Co (OGDC)
Annual report for the year ended June 30, 2022
https://www.investegate.co.uk/oil-and-g ... 44157310B/
It is informed that the Annual Report of the Company for the year ended June 30, 2022 have been transmitted through PUCARS and is also available on Company's website.
You may please inform the TRE Certificate Holders of the Exchange accordingly.
http://www.rns-pdf.londonstockexchange. ... 2-10-4.pdf
Today 10:37 PressureTechnologies (PRES)
Holding(s) in Company
https://www.investegate.co.uk/pressuret ... 37257109B/
On 30-Sep-2022, Peter Gyllenhammar AB (Stockholm Sweden) increased from 3.22% to 7.04%.
Today 07:30 Angus Energy PLC (ANGS)
Board Changes
https://www.investegate.co.uk/angus-ene ... 30016909B/
further to the announcement of 2 September 2022, Krzysztof Zielicki has now joined the Board of the Company as a Non-Executive Director. Krzysztof brings over 40 years of experience in the oil and gas industry. He has held leading roles for several Energy Majors, including BP and Rosneft, where he was Vice President for M&A and Strategy. He brings a wealth of technical, commercial and managerial experience as Angus enters the next phase of its growth strategy and has recently been appointed a Non-Executive Director of AIM traded SDX Energy Plc....
I look forward to helping George and the Board implement and execute their vision to transform Angus into a Major hydrocarbon producer and storage owner, through organic growth and strategic acquisitions. I am also very excited to leverage on my past experiences and network to further Angus's energy transition goals to develop and fund the company's geothermal portfolio.
Today 07:25 TotalEnergies SE (TTE)
Decarbonizing Heavy Industry: TotalEnergies and Holcim Join Forces to Study Solutions for First Carbon-Free Cement Plant in Belgium
https://www.investegate.co.uk/totalener ... 2500Z9408/
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Holcim in Belgium have signed a Memorandum of Understanding (MoU) to work together on the full decarbonization of a cement production facility being upgraded by Holcim in Obourg, Belgium. Various energies and technologies will be assessed for the efficient capture, utilization, and sequestration (CCUS) of around 1.3 million metric tons of CO2 emitted by the facility every year.
Each partner will contribute its best-in-class technologies and its know-how to explore and develop the project, including:
an innovative new air-oxyfuel switchable kiln, to facilitate the capture and purification of CO2 in the flue gases, as part of Holcim’s upgrade of the current cement plant; and
the transportation and use of the captured CO2 by TotalEnergies for an innovative e-fuel producing scheme and/or deposit in geological storage in the North Sea.
Today 07:00 Eco (Atlantic) O&G (ECO)
Commencement of Operations on the Gazania-1 well
https://www.investegate.co.uk/eco--atla ... 00046351B/
is pleased to announce the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well....Eco holds a 50% Working Interest ("WI") in Block 2B and is Operator of the block....
The Gazania-1 Prospect is targeting over 300 million barrels of light oil. Pending discovery in the vertical section the JV partners have the option to directionally drill a second sidetrack well from the main well bore. Both the vertical well and the sidetrack optional well will be logged and then plugged back to surface, the well will be sealed, plugged and the casing cut off below surface.
Today 07:00 Union Jack Oil PLC (UJO)
US$10m Net Revenues Landmark Reached at Wressle
https://www.investegate.co.uk/union-jac ... 00036245B/
is pleased to announce that material landmark net revenues of US$10,000,000 have been achieved from the Wressle hydrocarbon development ("Wressle"), located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.
Union Jack holds a 40% economic interest in this development.
In addition, the Company announces that it has exercised 4,000,000 warrants at 2.5p each to subscribe for 4,000,000 ordinary shares in Egdon Resources plc ("Egdon"). Following the exercise, the Company's holding in Egdon is 17,000,000 ordinary shares , representing 3.13% of the issued share capital of Egdon. Union Jack's total shareholding in Egdon is valued at approximately £909,500 as at close of business on 3 October 2022. Egdon is the operator of the Wressle development and holds a 30% economic interest.
Today 07:00 Egdon Resources PLC (EDR)
Notification of Major Holdings
https://www.investegate.co.uk/egdon-res ... 00066292B/
On 30 SEPTEMBER 2022, UNION JACK OIL PLC increased from 0% to 3.129%.
Today 07:00 Diversified Energy (DEC)
Transaction in Own Shares
https://www.investegate.co.uk/diversifi ... 00046348B/
the Company has purchased 300,000 ordinary shares of 1 pence each in the capital of the Company (the "Shares") in the market at a volume weighted average price of 130.03 pence per Share through Stifel Nicolaus Europe Limited ("Stifel"). The Shares acquired will, in due course, be cancelled.
Today 07:00 Jadestone Energy PLC (JSE)
Transaction in Own Shares
https://www.investegate.co.uk/jadestone ... 00046328B/
it has purchased the following number of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") through Stifel Nicolaus Europe Limited ("Stifel") . The repurchased shares will be cancelled.