TRADING UPDATES: RC Fornax deal win; Angus Energy output up
(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
(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
Prospex Energy PLC - Europe-focused gas and power project investor - Receives more than GBP1.3 million subscriptions for its unsecured convertible loan notes offer. This includes GBP985,000 previously announced earlier this month. The proceeds funded the company's 37% share of the 3D‑seismic acquisition programme at the Selva Malvezzi production concession in Italy, which will enable the next stage of the development of the asset, which has "major potential". The notes are convertible at 3p per share at any time with interest of 12% per annum payable quarterly. The first two interest payments, on March 31 and June 30 this year, will be capitalised and added to the loan principal rather than paid in cash. The loan principal is to be repaid in three tranches at the end of December 2027, the end of March 2028 and the end of June 2028. "Prospex is very grateful for the support from investors for the loan note offering," says Chief Executive Mark Routh. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday 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 Monday and not separately reported by Alliance News: Read More
(Alliance News) - Prospex Energy PLC said Friday the Viura-1B well in northern Spain has met its planned plateau rate after gas production resumed at the well on Friday last week. Read More
(Alliance News) - Prospex Energy PLC said on Monday gas production has resumed from the Viura-1B well in the Viura gas field, Spain. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Prospex Energy PLC on Thursday said its subsidiaries and joint venture partner Po Valley Energy Ltd have signed a new gas sales agreement with Bologna, Italy-based utilities company Hera Spa. Read More
(Alliance News) - Prospex Energy PLC on Monday said production from the Viura gas field in Spain is set to restart soon, after the operator began repair work on a well that was shut down earlier this year. Read More
Prospex Energy PLC - Europe-focused gas and power project investor - Pretax loss narrows to GBP31,824 in 2024 from GBP1.6 million in 2023. Prospex reports a gain on the revaluation of assets of GBP713,583 for 2024, compared to a loss of GBP469,709 in 2023. The company says it is "satisfied with the progress made during the year under review and the prospects for the future, with a number of significant activities to be undertaken in each area of operations, subject to regulatory approval." Looking ahead, Prospex expects drilling phase 2 at Viura-3A and Viura-3b wells in northern Spain to start in 2026. Read More
(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
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, ahead of various US data due in the afternoon. Read More
(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
(Alliance News) - Prospex Energy PLC on Thursday said it now expects drilling at the Viura gas field in northern Spain to begin in May, after initially being delayed by six to eight weeks in February for operational reasons. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
Prospex Energy PLC - Europe-focused gas and power project investor - Expects to generate revenue from its Viura-1B development well in northern Spain by early December, following its imminent flow testing programme. The well, which was drilled by Heyco Energy Iberia SL, has reached its targeted total depth of 4,500 metres, and will be placed on long-term production after the testing programme. Prospex owns 7.2% of the Viura field through its 7.5% stake in Heyco, so will receive 14% of the field's production income until the payback of its initial capital investment from the acquisition, which completed in August. Read More
(Alliance News) - Prospex Energy PLC on Friday announced it has qualified to apply for onshore open acreage hydrocarbon exploration licences in Poland. Read More