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Pennpetro Energy (PPP) Share News

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IN BRIEF: Pennpetro looks to workover wells in Texas on Chalk Talk buy

8th Sep 2023 11:25

Pennpetro Energy PLC - oil and gas company focusing on production and development in Gonzales County, Texas - Confirms it has completed its acquisition of the Chalk Talk 1, Chalk Talk 3, and Chalk Talk 4 wells from Millennium PetroCapital Corp. Official records lodged with the Texas Railroad Commission show that Pennpetro's subsidiary, Nobel Petroleum USA Inc, is now the legal owner and operator of these assets. Pennpetro didn't specify the value of the acquisition. Read More

LONDON MARKET CLOSE: Stocks soar, sterling suffers after shock UK CPI

19th Jul 2023 16:50

(Alliance News) - Stocks in London ended sharply higher on Wednesday after a cooler-than-expected inflation print in the UK raised hopes that the Bank of England won't have to hike interest rates as far and as fast as previously feared. Read More

Pennpetro Energy increases interest to fully own Texas oil leases

19th Jul 2023 10:53

(Alliance News) - Pennpetro Energy PLC on Wednesday said it has increased its interest in the Whistling Straits 5H well in Gonzales County, Texas to 100% from 25%. Read More

IN BRIEF: Pennpetro amends share placing for Texas deal

12th Jul 2023 15:55

Pennpetro Energy PLC - Oil and gas company focusing on production and development in Gonzales County, Texas - Places 5.8 million new and 9.2 million existing shares at 2 pence each to raise GBP300,000. This is a minor adjustment to the previously announced 6.0 million new and 9.0 million existing shares announced on June 27. Share placing is to raise funds for its deal with Millennium PetroCapital Corp to boost its stake in the Whistling Straits 5H well to 100% from 25%, as well as a 75% net revenue interest. Read More

IN BRIEF: Pennpetro to raise GBP300,000 as strikes Texas deal

27th Jun 2023 18:51

Pennpetro Energy PLC - North America-focused production company - Signs deal with Millennium PetroCapital Corp to boost stake in Whistling Straits 5H well to 100%, from 25%, as well as a 75% net revenue interest. Will pay USD70,000, in addition to original well commitment costs, to Millennium, plus USD10,000 per month rent of existing production facilities. In addition, has the exclusive right to acquire a 100% working interest in two nearby Chalk Talk wells. Pennpetro also raises GBP300,000, at 2 pence per share. Says portion will come through placing of 6.0 million new shares. Also adds 9.0 million existing shares will be included, "in order to settle the placing in a timely manner". Those shares are held by existing shareholders unconnected to any director. Read More

Pennpetro still "confident" in assets as half year loss widens

2nd May 2023 14:39

(Alliance News) - Pennpetro Energy PLC on Tuesday said it will look to expand its drill-focused activities in South Texas after it recorded a widened loss in the first half of its financial year. Read More

TRADING UPDATES: Ashoka WhiteOak holds IPO; Fox Marble agrees takeover

28th Apr 2023 20:59

(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

TRADING UPDATES: Cobra ups Wudinna ownership; DX Group opens new sites

24th Apr 2023 17:26

(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

Pennpetro Energy makes progress at Whistling Straits 5H well in Texas

14th Apr 2023 10:45

(Alliance News) - Pennpetro Energy PLC on Friday said that the drill rig has now set the packer in the 7-inch casing at the Whistling Straits 5H well in the Peach Creek oil field in the US state of Texas. Read More

IN BRIEF: Pennpetro drills Whistling Straits well to target depth

12th Apr 2023 12:20

Pennpetro Energy PLC - Oil and gas company focusing on production and development in Gonzales County, Texas - Says that the Whistling Straits 5H well in the Peach Creek Oil Field, Gonzales County, Texas, has been drilled to 10,195 feet measured depth, with a 7,632.22 feet true vertical depth. The horizontal well will now be completed as a producer with over 2,500 feet of open hole within the Austin Chalk interval. Read More

IN BRIEF: Pennpetro Energy hydrocarbon shows logged at well in Texas

11th Apr 2023 14:30

Pennpetro Energy PLC - oil and gas company focusing on production and development in Gonzales County, Texas - Says hydrocarbon shows are being logged in the Whistling Straits 5H well, which is being drilled in the Peach Creek Oil Field, located in Gonzales County in Texas. Says the well is the first well to be drilled under its recently signed participation, development and option agreement between Pennpetro's subsidiary, Nobel Petroleum USA Inc, and Millennium PetroCapital Corp. Read More

Pennpetro celebrates as drilling at Whistling Straits progresses

5th Apr 2023 10:54

(Alliance News) - Pennpetro Energy PLC on Wednesday said that drilling operations have been progressing smoothly on the Whistling Straits well in Houston. Read More

Pennpetro Energy signs deal with UK Oil & Gas to develop Horse Hill

28th Mar 2023 17:52

(Alliance News) - Pennpetro Energy PLC on Tuesday signed an agreement with UK Oil & Gas PLC to farm-in and drill the next infill oil production well at the Horse Hill Oil Field, near Gatwick airport. Read More

TRADING UPDATES: Inspirit Energy reports progress on Inspirit Charger

16th Mar 2023 17:32

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

TRADING UPDATES: Inspirit Energy reports progress on Inspirit Charger

16th Mar 2023 17:31

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

TRADING UPDATES: Okyo Pharma files IND; Reabold Co-CEOs buy shares

21st Nov 2022 21:59

(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: Joules nomad resigns; Pharma C loss narrows

18th Nov 2022 19:49

(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

Pennpetro Energy signs agreement through subsidiary for petrol project

6th Oct 2022 17:21

(Alliance News) - Pennpetro Energy PLC on Thursday said it has signed an agreement with ESG Energy Inc through its wholly owned subsidiary, Nobel Petroleum USA Inc, for a proposed petroleum joint venture. Read More

UK shareholder meetings calendar - next 7 days

23rd Sep 2022 15:58

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UK shareholder meetings calendar - next 7 days

23rd Sep 2022 15:58

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