Proactive weekly oil and gas news summary – IGas, Cuadrilla, Independent Oil & Gas and Lekoil
No surprise fracking was in the news this week and opponents of the process were celebrating a victory following Lancashire council’s decision....
Company
IOG PLC
LON:IOG
The Net Zero UK gas and infrastructure operator focused on high return projects.
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Proactive weekly oil and gas summary ft IGas, Afren, LGO Energy, Lansdowne and others
IGas readies fracking applications, Afren board quits, LGO upgrades and Lansdowne looks forward to summer drilling
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Proactive news summary: Xtract Resources, Wolf Minerals, ValiRx, Trap Oil, Sula Iron & Gold ...
Lekoil was boosted by the chief executive topping up his holding but there was some grim news elsewhere from the oil sector.
IOG's Southern North Sea fields could be much larger
Proven reserves could more than double, the company says
Investments and investor services
Proactive news summary: Gemfields, Savannah, ReNeuron, Rambler, Stride, Sierra Rutile and more
It was a busy day in the world of small caps with a lot of companies taming up.
UPDATE - Independent Oil & Gas rises on premium share placing
IOG aims to secure a deal with “an internationally listed, multi-billion dollar” group by mid-August
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Ariana investors delighted with Turkish approval
Ariana shares advanced as much as 60% higher at one point this week as the long awaited project milestone was confirmed.
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FTSE100 plummets as HSBC agrees to pay record £27.8mln settlement
Britain's blue chips sank 91 points lower to finish firmly in the red on Thursday with banking titan HSBC in focus.
IOG to raise funds through premium share issue
Independent Oil and Gas has instructed Darwin Strategic to sell 1.47mln shares at a premium price in order to raise funds.
Investments and investor services
Risers & Fallers: Churchill Mining, IOG, Feedback, Herencia Resources, Distil, Evraz
Location, location, location goes the mantra in retail, and it could also apply to oil exploration, given that 88 Energy has been given a boost by a neighbour’s well results
Investments and investor services
Proactive news summary: Connemara Mining, Horizonte Minerals, Ariana, SeaEnergy, Regency Mines ...
Ariana and Connemara were the star performers in the Proactive universe today
Independent Oil & Gas’s growth plans boosted by Skipper deal and financing progress
IOG is acquiring the 50% of Skipper it doesn’t already own from partner Alpha Petroleum, and it is working to secure long term financing by August