(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Longboat Energy PLC - Norway and Malaysia-focused oil and gas exploration company - Chair Elect James Menzies buys 1.0 million shares at 9.75 pence each, worth GBP100,000, in London on Monday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Longboat Energy PLC on Monday announced the strategic pivot of the business to focus on southeast Asia following the sale of its majority holding in Longboat Japex Norge AS. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
Longboat Energy PLC - Norway and Malaysia-focused oil and gas exploration company - Announces a number of changes to its board which will reduce the company's board to four from seven. Confirms, as previously announced, Brent Cheshire and Jorunn Saetre will retire at the annual general meeting. Additionally, Katherine Roe intends to step down to focus on new executive opportunities. Further, Read More
(Alliance News) - Longboat Energy PLC shares plummeted on Wednesday, as the company reported the troubling performance of a Norwegian asset due to significant delays in well completions. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Longboat Energy PLC on Thursday reported that its annual loss widened on impairments and higher costs in 2023, as the group again generated no revenue. Read More
Longboat Energy PLC - exploration and production company, active in Norway and Malaysia - Announces completion of farm-down of two exploration licences on the Norwegian continental shelf by Longboat Japex Norge AS through an agreement with Concedo AS. Longboat Japex is a joint venture between Longboat and Japan Petroleum Exploration Co Ltd. Longboat has farmed down its interest in the PL1182S licence to 15% from 30% in return for a full carry of the Lotus exploration well. The well is expected to spud in the third quarter of 2024. Longboat has also farmed down its interest in the PL1049 licence to 25% from 40% in return for Concedo carrying a portion of the company's 2024 exploration expenditure. Read More
Longboat Energy PLC - exploration and production company, active in Norway and Malaysia - Announces it has been awarded a 20% interest in licence PL 1212 S which contains the Magnolia prospect, together with partners Equinor Energy AS (operator) 40% and DNO Norge AS (40%). Estimates Magnolia to contain gross mean prospective resources of 39 millions of barrels of oil equivalent with further potential upside estimated at 57 mmboe. Puts the chance of success associated with the Magnolia prospect at 34% with the key risk being hydrocarbon retention and phase. Read More
Longboat Energy PLC - exploration and production company, active in Norway and Malaysia - Completes acquisition of privately held Topaz Number One Ltd, thereby increasing its working interest in the production sharing contract over Block 2A offshore Sarawak, Malaysia to 52.5%. Longboat now holds an operated 52.5% interest in Block 2A, offshore Sarawak Malaysia, containing the "giant" Kertang prospect. The transaction was announced in September. Read More
(Alliance News) - Longboat Energy PLC on Friday said its Longboat JAPEX Norge AS joint venture has farmed down two exploration licences. Read More
Longboat Energy PLC - exploration and production company, active in Norway and Malaysia - Reports the fourth of five new infill wells in Statfjord Ost has now been successfully drilled. Project execution is on track with the Statfjord Ost and Sygna fields expected to be fully on stream from all wells early in the new year. The transaction is progressing towards completion, which is expected in January. But, initial production for 2023 is estimated to be around 250 barrels of oil equivalent per day net to Longboat, which is slightly lower than anticipated mainly due to a delay in bringing the new wells on stream. Production is expected to increase significantly early in 2024 when all wells will be brought on stream. Read More
(Alliance News) - Longboat Energy PLC on Wednesday said it aims to build a business in Norway and South East Asia as it reported a widened loss for the first half of 2023. Read More
(Alliance News) - Longboat Energy PLC on Wednesday shared a "minor" discovery at the Velocette exploration well in Norway. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Longboat Energy PLC on Wednesday said it bought privately-held firm Topaz Number One Ltd, which it said marked the expansion of its business in south-east Asia. Read More