The oil and gas company faces a setback in restarting production at its Viura gas field in Spain due to an unforeseen technical issue, delaying the resumption of output from the key asset.
The energy investment company reported reduced losses and portfolio expansion, balancing strategic acquisitions with operational challenges in its gas production assets.
The oil and gas company reports positive initial flow test results from the Viura-1B well, but faces delays in resuming production due to technical issues.
The energy company has secured a new 12-month gas sales agreement with Hera Group, a major Italian multi-utility firm, to supply gas from its Selva Malvezzi concession in Italy.
The energy company provides an operational update on its natural gas assets in Spain and Italy, highlighting steady production at Selva Malvezzi but challenges at Viura and El Romeral.
The energy company has raised £1.2 million through a placing, subscription and retail offer, with the funds to be used for operational activities.
The investment company provides an update on the ongoing WRAP Retail Offer, stating that the offer is still open for subscription.
The energy company has raised £1.5 million through a share placing and retail offer to support its operations and growth.
The energy company has completed an oversubscribed fundraise, raising over £1 million through a placing and subscription.
The oil and gas investing company plans to raise up to £1.05 million through a placing, subscription, and retail offer to fund ongoing operations and development of its Spanish and Italian assets.