Orcadian Energy plc (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 2025.
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Orcadian announces that the Company has created £500,000 of unsecured convertible loan notes (“CLNs”). The Company has received proceeds of £322,500 from existing and new investors and has agreements in place to sell the balance of the CLNs. The Company expects to receive the balance of the proceeds by the end of January 2026.
Orcadian Energy plc is delighted to report that the UK’s North Sea oil and gas regulator, the North Sea Transition Authority (“NSTA”) has approved a three-year extension to the Second Term of the Pilot Licence P2244.
The Independent Power Corporation PLC (“IPC”) were represented by Ana Gorgyan, who presented twice at the event, speaking about Next Generation Power Systems for the New Digital Age
Orcadian Energy (AIM:ORCA) is pleased to announce that, the company has now completed the sale of 50% of the ordinary shares of HALO Offshore UK Ltd (“HALO”) to The Independent Power Corporation Plc (“IPC”)
Orcadian Energy (AIM: ORCA), the North Sea focused oil and gas development company, is pleased to announce its unaudited results for the six months ended 31 December 2024.
Orcadian Energy (AIM:ORCA) is pleased to announce that, the company has now completed the sale of 50% of the ordinary shares of HALO Offshore UK Ltd (“HALO”) to The Independent Power Corporation Plc (“IPC”)
Orcadian Energy (AIM:ORCA) is pleased to announce that at the Company’s Annual General meeting held earlier today, all of the resolutions proposed in the Notice of Meeting were duly passed.
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 2024.
Orcadian Energy (AIM:ORCA) is pleased to announce that, the company has agreed to sell 50% of the ordinary shares of HALO Offshore UK Ltd (“HALO”) to The Independent Power Corporation Plc (“IPC”)
Orcadian (AIM:ORCA) is delighted to announce that the Company has agreed to sell a 50% interest in a sub-area of Licence P2680 to The Marine Low Carbon Power Company Ltd (“MLCP”).
Orcadian Energy (AIM: ORCA) is pleased to provide an update on the status of its three licence awards in the 33rdSeaward Licensing Round. Orcadian and the NSTA have now entered into binding licence agreements for all three of its licence awards.
Orcadian Energy (AIM:ORCA) is pleased to announce that it has entered into a secured long term loan agreement with an industry partner (the “Partner”). The Partner has agreed to loan Orcadian up to £1,150,000 for a period of two years.
Orcadian Energy (AIM:ORCA) is pleased to announce that it has agreed a non-binding Heads of Agreement (“HoA”) with a potential farm-in partner (the “Partner”) on its recently awarded SNS Licence.
Orcadian Energy (AIM: ORCA) is delighted to announce the completion of the previously announced farm-out of an 81.25% interest in licence P2244, which contains the Pilot field, to Ping Petroleum UK plc (“Ping”). Ping is focused on shallow water offshore production and development opportunities and has a significant acreage holding to the East of Pilot. This means that Orcadian Energy retains an 18.75% interest in the Pilot field development, fully carried to the first offload of oil produced from the field. Orcadian has no requirement to fund the pre-production development project work programme.
Orcadian Energy plc is pleased to announce that Stephen Brown (CEO) will provide a live presentation via Investor Meet Company on 10 Apr 2024, 12:00 BST.
Orcadian Energy (AIM: ORCA) is delighted to announce the completion of the previously announced farm-out of an 81.25% interest in licence P2244, which contains the Pilot field, to Ping Petroleum UK plc (“Ping”). Ping is focused on shallow water offshore production and development opportunities and has a significant acreage holding to the East of Pilot. This means that Orcadian Energy retains an 18.75% interest in the Pilot field development, fully carried to the first offload of oil produced from the field. Orcadian has no requirement to fund the pre-production development project work programme.
Orcadian Energy (AIM: ORCA) is pleased to announce the appointment of Zeus Capital Limited as Nominated Adviser and Joint Broker to the Company, and Novum Securities Limited as Joint Broker to the Company, both with immediate effect.
Orcadian Energy plc is pleased to advise that its subsidiary, Orcadian Energy (CNS) Ltd (“Orcadian CNS”) yesterday executed an agreement to amend the repayment date in its secured facility agreement with Shell International Trading and Shipping Company Limited (“STASCO”).
Orcadian Energy (AIM: ORCA), the North Sea focused oil and gas development company, is pleased to announce its unaudited results for the six months ended 31 December 2023.
