The energy company has secured permits and a contract to conduct seismic acquisition and exploration drilling in its Angolan asset, marking a key step towards drilling a high-impact well.
The energy company has adopted a Founder Share Plan and Share Option Plan to incentivize its executives and senior staff.
The energy company has secured £3.85 million in funding through the exercise of all outstanding warrants, bolstering its balance sheet to advance its exploration and development plans.
The energy company has received notification of a change in major shareholding.
The energy company has triggered the acceleration clause on its warrants, generating £3.75 million to fund its operations and seismic program in Angola.
The energy company has received notification of a change in major shareholding.
The energy company has raised £250,000 through a heavily discounted placing, indicating low investor appetite and potential funding difficulties.
The energy company is set to acquire 326-line km of 2D seismic data over its KON-16 block in onshore Angola, a key step towards advancing the asset's prospectivity and potential future drilling.
The energy company has received notification of a change in major shareholding.
The energy company has completed its previously announced fundraise, receiving all funds as planned.