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Beacon Energy. (BCE) Share News

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IN BRIEF: Beacon Energy reports work at Erfelden field

16th Aug 2023 22:22

Beacon Energy PLC - Germany-focused upstream oil & gas company – Notes sharp share price on Wednesday and reports that is undertaking operations on the Schwarzbach-2(2.) well. Beacon is targeting hydrocarbons in undeveloped Stockstadt Mitte segment of Erfelden field. Beacon adds: "The company is currently undertaking electric wireline logging in the well. Until the electric wireline logging programme has been completed and the results analysed, the implications for the future cash generative potential of the Erfelden field and the company's aspiration to build a self-funding platform for growth will not be known." Read More

Beacon Energy announces drilling underway on Schwarzbach-2 operations

7th Aug 2023 09:07

(Alliance News) - Beacon Energy PLC on Monday said drilling is underway in the deviated mechanical sidetrack on the Schwarzbach-2 drilling operations in south-west Germany. Read More

TRADING UPDATES: Touchstone wells shut in, Trident quarter receipts up

31st Jul 2023 16:17

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: Beacon sees delays; Churchill China trades in line

17th Jul 2023 15:49

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

EARNINGS UPDATES: Science in Sport, Ascent Resources losses widen

29th Jun 2023 14:30

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Beacon Energy begins drilling at Schwarzbach-2 well

19th Jun 2023 12:43

Beacon Energy PLC - Germany-focused upstream oil & gas company - Begins drilling the Schwarzbach-2 development well at the Erfelden Field, onshore south west Germany. Drilling operations are expected to take around 25 days to reach total depth of 2,255 metres, with an additional 12 days scheduled for testing. Once completed, it is expected that the well will be tied-in to existing production facilities at the site and put into production. Read More

Beacon Energy touts arrival of drilling rig at Schwarzbach in Germany

13th Jun 2023 09:30

(Alliance News) - Beacon Energy PLC on Tuesday hailed the arrival of a drilling rig at the Schwarzbach production facility, which falls within the Erfelden Field development. Read More

IN BRIEF: Beacon subsidiary's drill rig set to operate this month

6th Jun 2023 11:55

Beacon Energy PLC - Isle of Man-based upstream oil and gas company with operations ranging from Europe, Africa to East Asia - Says subsidiary Rhein Petroleum's E202 drilling rig is expected to mobilise next Monday for the Schwarzbach-2 development in the Erfelden field in southwest Germany. The rig will be on location and operational by June 19, with drilling expected to take around 25 days to reach the expected total depth of 2,255 metres. In April, Beacon acquired Rhein Petroleum GmbH from Tulip Oil and Deutsche Rohstoff. Read More

TRADING UPDATES: Dekel Agri-Vision hails crude palm output jump

11th Apr 2023 14:40

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: Beacon Energy approves Rhein Petroleum reverse takeover

5th Apr 2023 18:23

Beacon Energy PLC - Isle of Man-based upstream oil & gas company with operations ranging from Europe, Africa to east Asia - Reports all resolutions were passed at the emergency general meeting including the reverse take over of the firm by Rhein Petroleum. Says existing shares will be cancelled from trading on AIM and new shares are expected to be admitted to trading on AIM with effect from April 11. Stewart MacDonald and Leo Koot join the board as chief financial officer and non-executive director, respectively. Read More

Beacon Energy calls EGM to approve Rhein Petroleum reverse takeover

21st Mar 2023 16:51

(Alliance News) - Beacon Energy PLC on Tuesday said it has called an extraordinary general meeting to approve its acquisition of Rhein Petroleum Ltd as well as a capital fundraise. Read More

IN BRIEF: Beacon Energy launches retail offer to fund Schwarzbach-2

3rd Mar 2023 17:44

Beacon Energy PLC - Isle of Man-based upstream oil and company with operations ranging from Europe, Africa to east Asia - Launches a retail offer via PrimaryBid, with the price to be determined at the close of the placing. The placing is subject to shareholder approval. Following completion, Beacon says it will use the funds raised to finance the drilling, completion, tie-back and bringing into production of the Schwarzbach-2 well. Read More

Beacon Energy half-year loss narrows, interim CEO to become permanent

13th Jan 2023 10:52

(Alliance News) - Beacon Energy PLC on Friday said its half-year loss narrowed while its interim chief executive officer will become CEO on a permanent basis. Read More

TRADING UPDATES: MGC cuts costs; Ince gets Arden sale green light

3rd Jan 2023 17:17

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: Dev Clever to cancel shares; Tintra raises funds

16th Dec 2022 21:53

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

IN BRIEF: Beacon Energy extends exclusivity deadline for takeover deal

13th Dec 2022 17:28

Beacon Energy PLC - Isle of Man, UK-based oil and gas company - Extends the exclusivity extension period for the non-binding heads of terms agreement for the acquisition of an unnamed, European oil and gas company to December 26 from December 12. Continues to work "diligently" towards concluding a definitive agreement and plans to update the market accordingly. The potential acquisition would be considered a reverse takeover. Read More

TRADING UPDATES: First Tin gets grant; Shanta Gold hails drill results

28th Nov 2022 21:39

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: VSA Capital backs outlook; Zephyr starts drilling

21st Nov 2022 21:39

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

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