Re: Hal's oily roundup
Posted: March 3rd, 2022, 11:22 am
Brent $115, Nymex gas $4.84
Who would be Lukoil? FCF up 146% but shares just keep getting kicked. Interesting seeing EOG raise £7m through the PrimaryBid app. And I know it's a little thing, but Petrofac having to repeat an announcement because they classified it as a Share Issuance rather than Block Listing - just little, sloppy, things bug me.
Today 08:49 Capricorn Energy PLC
Holding(s) in Company
https://www.investegate.co.uk/capricorn ... 49005221D/
JPM from 5.2% to 5.87%
Today 07:51 TotalEnergies SE
TotalEnergies Invests in Sustainable Forestry in Southeast Asia
https://www.investegate.co.uk/totalener ... 5100Z8097/
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that it will contribute an amount of $50 million to the “Tropical Asia Forest Fund 2” (TAFF2) managed by New Forests, which aims at investing in certified plantations and native forest conservation projects in various countries across South-East Asia, including Indonesia, Malaysia, Laos, Cambodia, Thailand, and Vietnam.
Today 07:01 Hunting PLC
Proposed appointment of non-executive Director
https://www.investegate.co.uk/hunting-p ... 01024376D/
announces the proposed appointment of Paula Harris as a new independent, non-executive Director...Ms Harris spent over 33 years with Schlumberger Ltd, the international oilfield services group, before retiring in 2020. Educated as a petroleum engineer at Texas A&M, Paula worked in offshore field operations before progressing into leadership roles in training, sales and ultimately, in environmental-social sustainability. Prior to her retirement, Paula was Schlumberger's Director of Global Stewardship.
Today 07:00 Vaalco Energy Inc
Year-End Reserves and Notice of Q4 Earnings Call
https://www.investegate.co.uk/vaalco-en ... 00085104D/
2021 SEC proved reserves1 to 11.2 million barrels of oil ("MMBO"), up 250% compared to year-end 2020 SEC proved reserves of 3.2 MMBO;
Today 07:00 Hunting PLC
Results for the year ended 31 December 2021
https://www.investegate.co.uk/hunting-p ... 00054554D/
Whilst the reduction in activity in the global oil and gas market from 2020 continued into last year, the second half of the year saw improved trading, supported by recovering commodity prices. Sales down 17%, loss doubled.
Today 07:00 Jadestone Energy PLC
Application To Cease to be Reporting in Canada
https://www.investegate.co.uk/jadestone ... 00085112D/
announces that it is applying to the securities regulatory authorities in the Canadian provinces of British Columbia and Alberta to cease to be a reporting issuer in these two jurisdictions. If granted, such relief would mean that Jadestone is no longer classified as a designated foreign issuer under Canadian securities regulations
Today 07:00 Eco (Atlantic) O&G
Rig contract signed for Block 2B
https://www.investegate.co.uk/eco--atla ... 00044538D/
has entered into a drilling contract for the Island Innovator semi-submersible rig with Island Drilling Company AS for the upcoming drilling of the Gazania-1 well...The Gazania-1 well is located in the Orange Basin in South Africa. The Orange Basin straddles the offshore waters of Namibia and South Africa, where major discoveries on both the Graff-1 well, drilled by Shell, and the Venus-1 well, drilled by TotalEnergies, have recently been announced...We are planning for mobilization of the rig in late August and to spud shortly after arrival
Today 07:00 Europa Oil & Gas
Results of the Placing and PrimaryBid Offer
https://www.investegate.co.uk/europa-oi ... 00054611D/
Further to the announcement yesterday regarding the proposed Fundraising, Europa Oil & Gas (Holdings) plc is pleased to announce that it has conditionally raised gross proceeds of £ 7.02 million, before expenses, through the conditional placing of 390,000,000 new ordinary shares of £0.01 each at an issue price of 1.8 pence per share (the "Issue Price") (the "Fundraising Shares") (a 21.7 % discount to the 30 day volume weighted average share price on 2 March 2022).
Today 07:00 United Oil & Gas PLC
Corporate Update
https://www.investegate.co.uk/united-oi ... 00034436D/
On 7 September 2021 United announced that it had entered into a binding sale and purchase agreement (SPA) with Quattro Energy Limited (Quattro) to sell its UK Central North Sea Licences; P2480 and P2519 for a consideration of up to £3.2m (c $4.4m). Completion of the sale was conditional on receipt of approval from the Oil and Gas Authority (OGA) and Quattro completing a fundraising process. In December 2021 United announced that the long stop date for satisfaction of the SPA conditions was extended to 28 February 2022. Although OGA approval was received, Quattro did not complete a fundraising process by this date. United has decided to terminate the SPA with Quattro.
Yesterday 18:33 BP PLC
Transaction in Own Shares
https://www.investegate.co.uk/bp-plc--b ... 33024514D/
a total of 7,000,000 of its ordinary shares of $0.25 each ("Shares") on the London Stock Exchange and Cboe (UK) as part of the buyback programme announced on 8 February 2022 (the "Programme") and as detailed below:
Yesterday 17:05 Touchstone Explrtn.
SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES
https://www.investegate.co.uk/touchston ... 05314392D/
Purchase of common shares by the Trustee of the Employee Share Purchase Plan
Yesterday 16:44 i3 Energy PLC
Serenity Farm-out
https://www.investegate.co.uk/i3-energy ... 44114301D/
i3 notes the announcement by Europa Oil & Gas Limited ("Europa") (company number 03093716) regarding its agreement in principle to farm-in to the Company's Serenity oil discovery in the UK North Sea and the equity funding it is conducting to fund its farm-in obligations. We can confirm that the farm-in, joint operating agreement and trust deed have been essentially agreed between the parties to enable Europa to acquire a 25% non-operated working interest ("WI") in a sub-area of UKCS Licence P.2358 Block 13/23c (containing the Serenity discovery) by funding a 46.25% paying interest for one appraisal well on the field, whereafter i3 will retain a 75% operated WI in the Block.
Yesterday 16:43 Europa Oil & Gas
PrimaryBid Offer
https://www.investegate.co.uk/europa-oi ... 43214353D/
is pleased to announce, a conditional offer for subscription via PrimaryBid (the "PrimaryBidOffer") of new ordinary shares of 1 pence each in the Company ("New Ordinary Shares") at an issue price of 1.8 pence per New Ordinary Share (the "Issue Price"), being a discount of 21.7 per cent to the 30 day volume weighted average price on 2 March 2022. The Company is also conducting a placing of new Ordinary Shares at the Issue Price by way of an accelerated bookbuild process (the "Placing") as announced earlier....The Company will use the funds raised to fund the acquisition of a farm in of UKCS Block 13/23c located in the North Sea....The PrimaryBid Offer, via the PrimaryBid mobile app, is open to individual and institutional investors following the release of this announcement
Yesterday 16:41 PJSC Tatneft
Second Price Monitoring Extn
https://www.investegate.co.uk/pjsc-tatn ... 41214360D/
Yesterday 16:41 PJSC LukOil
Second Price Monitoring Extn
https://www.investegate.co.uk/pjsc-luko ... 41064356D/
Yesterday 16:41 PJSC Gazprom
Second Price Monitoring Extn
https://www.investegate.co.uk/pjsc-gazp ... 41424366D/
Yesterday 16:41 Surgutneftegas
Second Price Monitoring Extn
https://www.investegate.co.uk/surgutnef ... 41134358D/
Yesterday 16:40 Borders & Southern
Second Price Monitoring Extn
https://www.investegate.co.uk/borders-- ... 40504351D/
Yesterday 16:37 PJSC LukOil
Price Monitoring Extension
https://www.investegate.co.uk/pjsc-luko ... 37134342D/
Halved when announcing blow-out results, yep, completely normal https://uk.finance.yahoo.com/quote/LKOD.L/chart
Yesterday 16:36 PJSC Tatneft
Price Monitoring Extension
https://www.investegate.co.uk/pjsc-tatn ... 36444334D/
Another one down 95% https://uk.finance.yahoo.com/quote/ATAD.L/chart
Yesterday 16:36 Borders & Southern
Price Monitoring Extension
https://www.investegate.co.uk/borders-- ... 36104327D/
Now retraced most of that big spike a few days ago https://uk.finance.yahoo.com/quote/BOR.L/chart
Yesterday 16:36 PJSC Gazprom
Price Monitoring Extension
https://www.investegate.co.uk/pjsc-gazp ... 36304331D/
Down 94% in 2 weeks - must be up there as one of the all-time collapses in absolute terms? https://uk.finance.yahoo.com/quote/OGZD.L/chart
Yesterday 16:36 Rosneft Oil Company
Price Monitoring Extension
https://www.investegate.co.uk/rosneft-o ... 36564338D/
Down 90% in 2 weeks https://uk.finance.yahoo.com/quote/ROSN.L/chart
Yesterday 16:36 Surgutneftegas
Price Monitoring Extension
https://www.investegate.co.uk/surgutnef ... 36394333D/
Pain continues - down 90% in 2 weeks https://uk.finance.yahoo.com/quote/SGGD.L/chart
Yesterday 15:00 EnQuest PLC
Holding(s) in Company
https://www.investegate.co.uk/enquest-p ... 00014125D/
Avanza wobble below 3% again
Yesterday 13:41 Seplat Energy PLC
Directorate Change
https://www.investegate.co.uk/seplat-en ... 41244127D/
announces the resignation of Mr. Austin Avuru, a Non-Executive Director ("NED") from the Board of SEPLAT Energy with effect from 1st March 2022. [founder and former CEO]
Yesterday 13:38 Petrofac Limited
Update to Additional Listing
https://www.investegate.co.uk/petrofac- ... 3842ELRCK/
recategorise from Share Issuance to Block Listing
Petrofac Limited announces that an application has been made to the Financial Conduct Authority and the London Stock Exchange for the block listing and admission of 1,338,610 ordinary shares of US$0.02 each in the capital of the Company ("New Shares") to be admitted to the Official List and to be traded on the main market of the London Stock Exchange ("Admission").
Yesterday 13:10 PJSC LukOil
LUKOIL Announces FY 2021 Results
https://www.investegate.co.uk/pjsc-luko ... 10024025D/
Sales up 67%, FCF up 146% - does anyone care?
Yesterday 11:30 Hunting PLC
Block listing Interim Review
https://www.investegate.co.uk/hunting-p ... 30013799D/
Yesterday 10:13 Petrofac Limited
Additional Listing
https://www.investegate.co.uk/petrofac- ... 1301EDNWC/
an application has been made to the Financial Conduct Authority and the London Stock Exchange for the admission of 1,338,610 ordinary shares of US$0.02 each in the capital of the Company ("New Shares") to be admitted to the Official List
Yesterday 09:52 Curzon Energy plc
Exclusivity Extension
https://www.investegate.co.uk/curzon-en ... 52573643D/
Energy Plc (LON:CZN), the London Stock Exchange listed company, announces that under the terms of the LOI initially announced on 3 February 2021 and further amended on 23 February 2022, Poseidon Enhanced Technologies ("PET") has informed the Company of a further extension of the existing exclusivity period through 1 April 2022. The parties continue to diligently work towards the execution and delivery of a definitive purchase agreement,
Who would be Lukoil? FCF up 146% but shares just keep getting kicked. Interesting seeing EOG raise £7m through the PrimaryBid app. And I know it's a little thing, but Petrofac having to repeat an announcement because they classified it as a Share Issuance rather than Block Listing - just little, sloppy, things bug me.
Today 08:49 Capricorn Energy PLC
Holding(s) in Company
https://www.investegate.co.uk/capricorn ... 49005221D/
JPM from 5.2% to 5.87%
Today 07:51 TotalEnergies SE
TotalEnergies Invests in Sustainable Forestry in Southeast Asia
https://www.investegate.co.uk/totalener ... 5100Z8097/
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that it will contribute an amount of $50 million to the “Tropical Asia Forest Fund 2” (TAFF2) managed by New Forests, which aims at investing in certified plantations and native forest conservation projects in various countries across South-East Asia, including Indonesia, Malaysia, Laos, Cambodia, Thailand, and Vietnam.
Today 07:01 Hunting PLC
Proposed appointment of non-executive Director
https://www.investegate.co.uk/hunting-p ... 01024376D/
announces the proposed appointment of Paula Harris as a new independent, non-executive Director...Ms Harris spent over 33 years with Schlumberger Ltd, the international oilfield services group, before retiring in 2020. Educated as a petroleum engineer at Texas A&M, Paula worked in offshore field operations before progressing into leadership roles in training, sales and ultimately, in environmental-social sustainability. Prior to her retirement, Paula was Schlumberger's Director of Global Stewardship.
Today 07:00 Vaalco Energy Inc
Year-End Reserves and Notice of Q4 Earnings Call
https://www.investegate.co.uk/vaalco-en ... 00085104D/
2021 SEC proved reserves1 to 11.2 million barrels of oil ("MMBO"), up 250% compared to year-end 2020 SEC proved reserves of 3.2 MMBO;
Today 07:00 Hunting PLC
Results for the year ended 31 December 2021
https://www.investegate.co.uk/hunting-p ... 00054554D/
Whilst the reduction in activity in the global oil and gas market from 2020 continued into last year, the second half of the year saw improved trading, supported by recovering commodity prices. Sales down 17%, loss doubled.
Today 07:00 Jadestone Energy PLC
Application To Cease to be Reporting in Canada
https://www.investegate.co.uk/jadestone ... 00085112D/
announces that it is applying to the securities regulatory authorities in the Canadian provinces of British Columbia and Alberta to cease to be a reporting issuer in these two jurisdictions. If granted, such relief would mean that Jadestone is no longer classified as a designated foreign issuer under Canadian securities regulations
Today 07:00 Eco (Atlantic) O&G
Rig contract signed for Block 2B
https://www.investegate.co.uk/eco--atla ... 00044538D/
has entered into a drilling contract for the Island Innovator semi-submersible rig with Island Drilling Company AS for the upcoming drilling of the Gazania-1 well...The Gazania-1 well is located in the Orange Basin in South Africa. The Orange Basin straddles the offshore waters of Namibia and South Africa, where major discoveries on both the Graff-1 well, drilled by Shell, and the Venus-1 well, drilled by TotalEnergies, have recently been announced...We are planning for mobilization of the rig in late August and to spud shortly after arrival
Today 07:00 Europa Oil & Gas
Results of the Placing and PrimaryBid Offer
https://www.investegate.co.uk/europa-oi ... 00054611D/
Further to the announcement yesterday regarding the proposed Fundraising, Europa Oil & Gas (Holdings) plc is pleased to announce that it has conditionally raised gross proceeds of £ 7.02 million, before expenses, through the conditional placing of 390,000,000 new ordinary shares of £0.01 each at an issue price of 1.8 pence per share (the "Issue Price") (the "Fundraising Shares") (a 21.7 % discount to the 30 day volume weighted average share price on 2 March 2022).
Today 07:00 United Oil & Gas PLC
Corporate Update
https://www.investegate.co.uk/united-oi ... 00034436D/
On 7 September 2021 United announced that it had entered into a binding sale and purchase agreement (SPA) with Quattro Energy Limited (Quattro) to sell its UK Central North Sea Licences; P2480 and P2519 for a consideration of up to £3.2m (c $4.4m). Completion of the sale was conditional on receipt of approval from the Oil and Gas Authority (OGA) and Quattro completing a fundraising process. In December 2021 United announced that the long stop date for satisfaction of the SPA conditions was extended to 28 February 2022. Although OGA approval was received, Quattro did not complete a fundraising process by this date. United has decided to terminate the SPA with Quattro.
Yesterday 18:33 BP PLC
Transaction in Own Shares
https://www.investegate.co.uk/bp-plc--b ... 33024514D/
a total of 7,000,000 of its ordinary shares of $0.25 each ("Shares") on the London Stock Exchange and Cboe (UK) as part of the buyback programme announced on 8 February 2022 (the "Programme") and as detailed below:
Yesterday 17:05 Touchstone Explrtn.
SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES
https://www.investegate.co.uk/touchston ... 05314392D/
Purchase of common shares by the Trustee of the Employee Share Purchase Plan
Yesterday 16:44 i3 Energy PLC
Serenity Farm-out
https://www.investegate.co.uk/i3-energy ... 44114301D/
i3 notes the announcement by Europa Oil & Gas Limited ("Europa") (company number 03093716) regarding its agreement in principle to farm-in to the Company's Serenity oil discovery in the UK North Sea and the equity funding it is conducting to fund its farm-in obligations. We can confirm that the farm-in, joint operating agreement and trust deed have been essentially agreed between the parties to enable Europa to acquire a 25% non-operated working interest ("WI") in a sub-area of UKCS Licence P.2358 Block 13/23c (containing the Serenity discovery) by funding a 46.25% paying interest for one appraisal well on the field, whereafter i3 will retain a 75% operated WI in the Block.
Yesterday 16:43 Europa Oil & Gas
PrimaryBid Offer
https://www.investegate.co.uk/europa-oi ... 43214353D/
is pleased to announce, a conditional offer for subscription via PrimaryBid (the "PrimaryBidOffer") of new ordinary shares of 1 pence each in the Company ("New Ordinary Shares") at an issue price of 1.8 pence per New Ordinary Share (the "Issue Price"), being a discount of 21.7 per cent to the 30 day volume weighted average price on 2 March 2022. The Company is also conducting a placing of new Ordinary Shares at the Issue Price by way of an accelerated bookbuild process (the "Placing") as announced earlier....The Company will use the funds raised to fund the acquisition of a farm in of UKCS Block 13/23c located in the North Sea....The PrimaryBid Offer, via the PrimaryBid mobile app, is open to individual and institutional investors following the release of this announcement
Yesterday 16:41 PJSC Tatneft
Second Price Monitoring Extn
https://www.investegate.co.uk/pjsc-tatn ... 41214360D/
Yesterday 16:41 PJSC LukOil
Second Price Monitoring Extn
https://www.investegate.co.uk/pjsc-luko ... 41064356D/
Yesterday 16:41 PJSC Gazprom
Second Price Monitoring Extn
https://www.investegate.co.uk/pjsc-gazp ... 41424366D/
Yesterday 16:41 Surgutneftegas
Second Price Monitoring Extn
https://www.investegate.co.uk/surgutnef ... 41134358D/
Yesterday 16:40 Borders & Southern
Second Price Monitoring Extn
https://www.investegate.co.uk/borders-- ... 40504351D/
Yesterday 16:37 PJSC LukOil
Price Monitoring Extension
https://www.investegate.co.uk/pjsc-luko ... 37134342D/
Halved when announcing blow-out results, yep, completely normal https://uk.finance.yahoo.com/quote/LKOD.L/chart
Yesterday 16:36 PJSC Tatneft
Price Monitoring Extension
https://www.investegate.co.uk/pjsc-tatn ... 36444334D/
Another one down 95% https://uk.finance.yahoo.com/quote/ATAD.L/chart
Yesterday 16:36 Borders & Southern
Price Monitoring Extension
https://www.investegate.co.uk/borders-- ... 36104327D/
Now retraced most of that big spike a few days ago https://uk.finance.yahoo.com/quote/BOR.L/chart
Yesterday 16:36 PJSC Gazprom
Price Monitoring Extension
https://www.investegate.co.uk/pjsc-gazp ... 36304331D/
Down 94% in 2 weeks - must be up there as one of the all-time collapses in absolute terms? https://uk.finance.yahoo.com/quote/OGZD.L/chart
Yesterday 16:36 Rosneft Oil Company
Price Monitoring Extension
https://www.investegate.co.uk/rosneft-o ... 36564338D/
Down 90% in 2 weeks https://uk.finance.yahoo.com/quote/ROSN.L/chart
Yesterday 16:36 Surgutneftegas
Price Monitoring Extension
https://www.investegate.co.uk/surgutnef ... 36394333D/
Pain continues - down 90% in 2 weeks https://uk.finance.yahoo.com/quote/SGGD.L/chart
Yesterday 15:00 EnQuest PLC
Holding(s) in Company
https://www.investegate.co.uk/enquest-p ... 00014125D/
Avanza wobble below 3% again
Yesterday 13:41 Seplat Energy PLC
Directorate Change
https://www.investegate.co.uk/seplat-en ... 41244127D/
announces the resignation of Mr. Austin Avuru, a Non-Executive Director ("NED") from the Board of SEPLAT Energy with effect from 1st March 2022. [founder and former CEO]
Yesterday 13:38 Petrofac Limited
Update to Additional Listing
https://www.investegate.co.uk/petrofac- ... 3842ELRCK/
recategorise from Share Issuance to Block Listing
Petrofac Limited announces that an application has been made to the Financial Conduct Authority and the London Stock Exchange for the block listing and admission of 1,338,610 ordinary shares of US$0.02 each in the capital of the Company ("New Shares") to be admitted to the Official List and to be traded on the main market of the London Stock Exchange ("Admission").
Yesterday 13:10 PJSC LukOil
LUKOIL Announces FY 2021 Results
https://www.investegate.co.uk/pjsc-luko ... 10024025D/
Sales up 67%, FCF up 146% - does anyone care?
Yesterday 11:30 Hunting PLC
Block listing Interim Review
https://www.investegate.co.uk/hunting-p ... 30013799D/
Yesterday 10:13 Petrofac Limited
Additional Listing
https://www.investegate.co.uk/petrofac- ... 1301EDNWC/
an application has been made to the Financial Conduct Authority and the London Stock Exchange for the admission of 1,338,610 ordinary shares of US$0.02 each in the capital of the Company ("New Shares") to be admitted to the Official List
Yesterday 09:52 Curzon Energy plc
Exclusivity Extension
https://www.investegate.co.uk/curzon-en ... 52573643D/
Energy Plc (LON:CZN), the London Stock Exchange listed company, announces that under the terms of the LOI initially announced on 3 February 2021 and further amended on 23 February 2022, Poseidon Enhanced Technologies ("PET") has informed the Company of a further extension of the existing exclusivity period through 1 April 2022. The parties continue to diligently work towards the execution and delivery of a definitive purchase agreement,