Cameroon-based gas producer Victoria Oil & Gas plc (LON:VOG) had a record month for gas sales from its Logbaba field in January as a new pipeline to Bonaberi came on-stream.
Three new customers began taking gas during December after the Bonaberi extension.
This new supply and increased consumption from state energy company ENEO as the dry season starts had a beneficial impact in January, said Victoria.
Energy explorer Eco (Atlantic) Oil & Gas (CVE:EOG) has published its AIM Admission Document as it seeks to raise C$7.83mln as part of its common stock becoming listed on London’s Alternative Investment Market next week.
Premier Oil PLC (LON:PMO) has announced the terms of a refinancing that promises to remove uncertainty for investors.
The company says it has preserved headroom of its prior facilities and all maturity dates are now being aligned to May 31 2021.
Elsewhere in the resources sector, Premier African Minerals Ltd (LON:PREM) has reported an issue of additional equity, due to the exercise of loan notes.
Darwin Capital has exercised £600,000 worth of loans into equity, taking 294.6mln new shares priced at 0.203634p.
Arian Silver Corporation (LON:AGQ) has completed the sale of its 75 hectare Calicanto project.
On to the technology part of the market, and acquisitive communications solutions provider AdEPT Telecom plc (LON:ADT), which has inked a new banking facility and hit the acquisition trail again.
The facility will give the company added firepower with which to pursue its highly successful acquisition strategy.
Talking of which, the company has agreed to acquire Our IT Department Limited, a specialist provider of information technology (IT) services, for an initial cash consideration of £4.75mln, minus the net debt but adjusted for working capital.
Regulatory changes have done for smartphone content supplier Zamano Plc (LON:ZMNO), which is to wind up its business.
Despite implementing changes that significantly reduced the company’s cost base, the company believes it is now increasingly likely that the impact of regulatory changes will prevent the company from maintaining a cash flow positive trading position.