Orcadian Energy Plc (AIM:ORCA) is pleased to announce its intention to raise gross proceeds of approximately £0.5 million by means of a placing (the “Placing”) of new Ordinary Shares (the “Placing Shares”) to certain institutional and other investors at a price of 10 pence per share (the “Placing Price”).
Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company, is pleased to provide an update of its applications in the 33rd Offshore Licensing Round (“the 33rd Round”) which closed last week.
Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company, announces that at the Company’s AGM held earlier today that all of the resolutions proposed in the Notice of Meeting were duly passed by a poll vote.
Orcadian has entered into a non-binding Heads of Agreement (“HoA”) with Rapid Oil Production Ltd (“Rapid”) to dispose of its interests in the Company’s non-core Crinan and Dandy
Management has completed an update of their estimate of technically recoverable resources for the Pilot field
Technically recoverable resources have increased 18% to 97 MMbbl for a P50 case based upon a polymer flood development scheme
Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company announces that it has yesterday posted to shareholders the annual report and accounts of the company for the year ended 30 June 2022 and the Notice of the Company’s Annual General Meeting (the “AGM”).
Orcadian Energy (AIM:ORCA), the low-emissions North Sea oil and gas development company, is pleased to announce its audited results for the twelve months ended 30 June 2022.
Orcadian has entered into a binding Memorandum of Understanding (MoU) with SLB (formerly Schlumberger) to deliver core services for the wells on the Company’s Pilot project.
SLB made a compelling commercial and technical proposal with a strong focus on decarbonisation.
The parties now plan to develop a comprehensive Project Agreement for provision of the services.
Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company, is delighted to announce the North Sea Transition Authority (NSTA) has granted Orcadian a one-year extension to licence P2244, which contains the Pilot field.
Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company, announces that Greg Harding and Christian Wilms will leave the Board of the Company.
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