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News Date
Petrobras signs $4.35 billion revolver with 17 banks
Petróleo Brasileiro signed a new $4.35 billion revolving credit facility that matures in March 2023. According to a March 8 filing, Petrobras can draw on the facility up to a month before maturity....
Mar 16, 2018
NU finishes £2MM equity raise
Nu-Oil and Gas plc completed the sale of 160 million ordinary shares at 1.25p each on March 1, raising £2.0 million to continue implementing its stranded and marginal field strategy related to the...
Mar 16, 2018
Solo raises £2MM for further Horse Hill stake
Solo Oil Plc sold over 57.1 million new ordinary shares, or 14.6% of its shares outstanding, at 3.5p each for about £2.0 million. The company will use proceeds to fund its acquisition of a 5%...
Mar 16, 2018
Union Jack Oil raises £1.25M through 1.5 billion shares
Union Jack Oil raised £1.25 million through a subscription of 1.5 billion shares. The placing includes 1.3 billion new ordinary shares and a subscription for an additional 158.8 million new ordinary...
Mar 16, 2018
Columbus to commence collective dismissal procedure
The Spanish subsidiary of Columbus Energy Resources will dismiss an unknown number of its employees in Burgos, Spain, but will keep enough on hand to participate in an upcoming tender and to maintain...
Mar 16, 2018
SOCO Int. & Kuwait Energy cancel talks of merger
Soco International and Kuwait Energy cancelled talks to merge the two companies. The combination would have meant a London-listing for Kuwait Energy after several failed attempts to bring the company...
Mar 16, 2018
Triangle improving Cliff Head with $5.5MM
Perth-based Triangle Energy said it has committed $5.5 million to an asset life extension program this year for its Cliff Head oil field. Managing Director Rob Towner said Triangle started a...
Mar 16, 2018
Petrel looking for A$4.5MM through entitlement offer
Petrel Energy Ltd. launched a nonrenounceable pro rata entitlement offer to shareholders, who can purchase two new shares for every three owned as of the March 6 record date. The subscription period...
Mar 16, 2018
Eon NRG closes small raise
ASX-traded Colorado-based Eon NRG Ltd, an independent oil and gas E&P focusing on Wyoming, Colorado, and California, said it placed 6,288,374 shares and options privately at $A0.01 per share to gross...
Mar 16, 2018
Africa Oil Corp reduces FY net loss by three-quarters
TSX-traded Africa Oil Corp. reported a US$4.5 million net loss for FY17, narrowed down 74% from FY16’s net loss. Cash flows used in operating activities were down 80% YOY to US$864,000 and the...
Mar 16, 2018

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