Top 5 Most Read RNS's on Vox Markets for Monday 24th October 2022
Episode 977, Oct 24, 2022, 06:57 AM
Top 5 Most Read RNS's on Vox Markets for Monday 24th October 2022
5. Landore Resources #LND - Execution of Extinguishment Agreement
They now finalized and executed the Extinguishment Agreement. Accordingly, GT1 has now concluded the purchase, and will extinguish, 50% (1.5%) of the 3% net smelter royalty ("NSR") that Landore holds over the Root Lake property. In return for entering into the Agreement, GT1 has agreed to pay Landore CAN$2 million in cash.
4. Predator O&G Hldgs #PRD - Operations update and Board Changes
It has executed a rig contract with Star Valley Drilling Ltd. to use its Rig 101, which successfully drilled and completed for rigless testing the MOU-1 gas discovery well, to drill the upcoming MOU-2 well in the Guercif Licence onshore northern Morocco.
Thomas Evans is stepping down from the Board as a Non-executive Director.
3. Helium One Global #HE1 - Exercise of Warrants and Issue of Equity
It has received notice to exercise warrants over a total of 880,282 Ordinary Shares (the "Warrant Shares") at a price of 2.84 pence per share.
2. Union Jack Oil #UJO - Maiden Special Dividend, Share Buy-back Programme
Is pleased to declare a Maiden Special Dividend, announce a Share Buyback Programme and confirm details of the Company's Capital Allocation and Distribution Policy.
1. Baron Oil #BOIL - Chuditch PSC Update
Best case Recoverable Resource estimate of 3,625 BCF, using preliminary gas recovery factors of between 50% and 75%, versus an equivalent estimate of 2,924 BCF prior to 3D seismic data reprocessing.
5. Landore Resources #LND - Execution of Extinguishment Agreement
They now finalized and executed the Extinguishment Agreement. Accordingly, GT1 has now concluded the purchase, and will extinguish, 50% (1.5%) of the 3% net smelter royalty ("NSR") that Landore holds over the Root Lake property. In return for entering into the Agreement, GT1 has agreed to pay Landore CAN$2 million in cash.
4. Predator O&G Hldgs #PRD - Operations update and Board Changes
It has executed a rig contract with Star Valley Drilling Ltd. to use its Rig 101, which successfully drilled and completed for rigless testing the MOU-1 gas discovery well, to drill the upcoming MOU-2 well in the Guercif Licence onshore northern Morocco.
Thomas Evans is stepping down from the Board as a Non-executive Director.
3. Helium One Global #HE1 - Exercise of Warrants and Issue of Equity
It has received notice to exercise warrants over a total of 880,282 Ordinary Shares (the "Warrant Shares") at a price of 2.84 pence per share.
2. Union Jack Oil #UJO - Maiden Special Dividend, Share Buy-back Programme
Is pleased to declare a Maiden Special Dividend, announce a Share Buyback Programme and confirm details of the Company's Capital Allocation and Distribution Policy.
1. Baron Oil #BOIL - Chuditch PSC Update
Best case Recoverable Resource estimate of 3,625 BCF, using preliminary gas recovery factors of between 50% and 75%, versus an equivalent estimate of 2,924 BCF prior to 3D seismic data reprocessing.