TRADING UPDATES: K3 Business says cash balances ahead of forecast
20th Dec 2023 20:00
(Alliance News) - The following is a round-up of 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 updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Reabold Resources PLC - invests in "low-risk, near-term" oil and gas projects - Resumes GBP750,000 share buyback programme started in April, after receiving payment from Shell PLC for the oil major's purchase of Reabold's Victory asset. Reabold has returned GBP156,154 of the total so far, and now will complete the programme with up to a further GBP593,846 in purchases. Reabold has received from Shell GBP5.2 million out of a total GBP9.5 million in deferred net proceeds from the sale of Victory, a project offshore the UK. Reabold eventually plans to return GBP4 million of this to shareholders. "Reabold's board evaluates many investment opportunities consistent with its investing policy and believes that the current market value of the company's ordinary shares makes the buyback an appropriate use of capital," the company says on Wednesday. Read More
Reabold Resources PLC - oil and gas investing company with a diversified portfolio of exploration, appraisal and development projects - Says it has exercised an option to subscribe for 116 new shares in LNEnergy Ltd, investing GBP1.7 million in the firm. Says GBP750,000 of the investment will come from its existing resources, with the remainder satisfied by the issue of 486.5 million new shares at 0.185 pence each to LNEnergy. Says it now holds a 26.1% stake in LNEnergy. Notes that LNEnergy's Santo gas field has the potential to generate between EUR11 and EUR12 million in cash flow per year. Read More
(Alliance News) - Scirocco Energy PLC on Wednesday said it will receive further payment from Shell UK Ltd for Reabold Resources PLC's sale of Corallian Energy Ltd. Read More
(Alliance News) - Reabold Resources PLC on Tuesday said that it has received the next tranche of payment from Shell UK Ltd for the sale of the Corallian Energy Ltd. Read More
(Alliance News) - Reabold Resources PLC on Friday said the Italian government has approved a decree to boost the country's renewable energy production and energy security. Read More
(Alliance News) - Reabold Resources on Wednesday said it received a new requisition notice from one of its shareholders, Pershing Nominees Ltd. Read More
Reabold Resources PLC - has interests in oil and gas assets in the UK, US, Romania and Italy - Ups interest in LNEnergy Ltd by a further 0.8% through the subscription of 11 new shares for a cash consideration of GBP150,000. Brings total shareholding in LNEnergy to around 18.4%. LNEnergy's primary asset is the Colle Santo gas oil field in Italy. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and Monday and not separately reported by Alliance News: Read More
(Alliance News) - Reabold Resources PLC on Wednesday said that it has received a signed requisition notice from one of its shareholders, Pershing Nominees Ltd, requesting a general meeting. 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
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Reabold Resources PLC - Oil and gas company with projects in the UK, US and Romania - Ups interest in LNEnergy Ltd by a further 1.6% through the subscription of 18 new shares for a cash consideration of GBP250,000 at GBP13,889 per share. This brings its total shareholding in LNEnergy to around 18%. LNEnergy's primary asset is the Colle Santo gas oil field in Italy. Read More
(Alliance News) - Reabold Resources PLC on Tuesday said that it has begun operations at the Colle Santo gas field after making progress on environmental regulations. Read More
Reabold Resources PLC - oil & gas investing company with a portfolio of exploration, appraisal and development projects in the UK, Romania, the US, and Italy - Updates on developments in the approvals process for the onshore Colle Santo gas field in Abruzzo, Italy. Says that LNEnergy has received a letter from the head of the Italian National Bureau of Hydrocarbons & Georesources giving it permission to carry out well integrity and well service testing on two existing wells at the field and to start work on the installation and commissioning of the monitoring network at the gas field. Read More
Reabold Resources PLC - oil and gas company with projects in the UK, US and Romania - Gets an extension until July 2025 for licence P2478, which it holds a 36% working interest in. Baron Oil PLC holds a 32% interest in the licence. The extension is from the UK North Sea Transition Authority. 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
Reabold Resources PLC - oil and gas company with projects in the UK, US and Romania - Read More
(Alliance News) - Reabold Resources PLC on Monday said it has invested GBP2.0 million to increase its stake in LNEnergy Ltd and now has a more than 16% stake in the company, having gained increased confidence in LNEnergy's ability to secure permits for the development of its flagship project in Italy. Read More