AIM Rule 26

The information below is included for the purposes of AIM Rule 26.

Last updated on 6 May 2024

Company’s admission document

Please click on the following link to find the company’s admission documents:

Download our AIM Admission Document

Description of business

Orcadian Energy (AIM:ORCA) is a North Sea focused oil and gas development company. The Company’s key asset is the 100% interest in the Pilot oilfield, with proven and probable reserves of 79 million barrels (audited by Sproule BV). The Company also has 53 million barrels of 2C contingent resources (development on hold) in the Elke and Narwhal  discoveries.

The Group’s strategy is to identify discovered resources, preferably well appraised and most likely on the UKCS; to secure access to those resources; and to create a profitable field development plan which attracts finance either from oil industry partners or financial investors.

Orcadian is listed on the Alternative Investment Market (“AIM”) of the London Stock Exchange under the stock symbol ORCA.

Company introduction

Main country of operation

Orcadian Energy plc’s main country of operation is the United Kingdom.

Country of incorporation

Orcadian Energy plc is incorporated in England with company number 13298968

Number of AIM securities

Capital Structure Number of SharesPercentage
Issued share capital79,000,412100%
Shares in issue but not in public hands33,129,64341.9%
Free float45,870,76958.1%

Significant shareholders

Directors and Significant shareholders Number of SharesPercentage
Stephen Brown and his wife, Julia Cane-Honeysett29,164,68336.9%
RAB Capital Holdings Ltd and connected parties6,910,0008.8%
Greg and Nora Harding7,049,6958.9%
Alan Hume3,544,9604.5%
Joe Darby420,0000.5%

Board of directors

Orcadian Team

Details of key advisers

Please click on the following link to find details of key advisers.


Constitutional documents

The Articles of Association of the Company are available to download below.

Download Articles of Association


Please click on the following link to find the regulatory news feed:


Details of other exchanges

Orcadian Energy plc is quoted on the London Stock Exchange (AIM) with the stock symbol ORCA. The Group does not have any other securities admitted or traded on any other Exchanges or Trading Platforms.

Corporate governance code

Please click on the following link to find the corporate governance code:

Corporate Governance

UK city code on takeovers and mergers

The Company is subject to the UK City Code on Takeovers and Mergers