This oil and gas explorer reported widening annual losses and faces significant challenges in its transition strategy. Despite progress in asset acquisition, financial performance deteriorated amidst a difficult market environment.
The major shareholder disclosure provides details on the shareholding positions of RS & CA Jennings in the energy company.
The company has received a notification of a major shareholding change.
The energy company has received notification of a major shareholding change.
The energy company has raised £3m through a heavily discounted equity placing, signaling financial distress and low investor confidence.
The energy company has received a notification of a major shareholder holding.
The energy company will host a live investor presentation via Investor Meet Company on December 3, 2025.
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.