The energy company has secured a rig contract for its operations in Cameroon, with favorable terms compared to previous offers. The contract is expected to have a positive impact on the company's earnings.
The energy company announces the posting of its annual report and notice of annual general meeting.
The oil exploration company reported increased annual losses and significant project delays. Despite some positive developments, it faces ongoing challenges in securing approvals and funding for its operations.
The oil and gas company has granted restricted shares to its directors and employees as part of its long-term incentive plan.
The oil and gas company has secured a £500,000 bridge loan to provide working capital flexibility ahead of drilling operations.
The oil and gas company is advancing its operations in Namibia and Cameroon, including acquiring more interest in a license and preparing for a well, but faces regulatory approvals and share price volatility.
Small-cap oil explorer raises funds
Oil & gas exploration company announces change in major shareholding
The energy company has executed farm-out agreements for its Cameroon and Namibia licenses, securing $19.375 million in funding and experienced partners to advance its key assets.
African-focused oil & gas firm raises funds