Top 5 Most Read RNS's on Vox Markets for Monday 27th March 2023
Episode 1303, Mar 27, 2023, 06:45 AM
Top 5 Most Read RNS's on Vox Markets for Monday 27th March 2023
5. Union Jack Oil #UJO - US$14m Net Revenues Landmark Reached at Wressle
Landmark US$14,000,000 revenues generated to Union Jack since re-commencement of production at Wressle during August 2021. Union Jack holds a 40% economic interest in this development.
Union Jack continues to be cash flow positive covering all G&A, OPEX and contracted or planned CAPEX costs, including any drilling activities for at least the next 12 months
As of 24 March 2023, cash balances, short-term receivables and investments stood at over £10,500,000 & Debt free
4. Helium One Global #HE1 - Unaudited Interim Results
Successfully raised £9.9 million ($12.3 million) in December to fund the Company through the 2023 Drilling programme in the Rukwa Basin, anticipated in 3Q 2023
Completion of analysis of Falcon Airborne Gravity Gradiometry and aero-magnetic data over the Balangida Basin; developing a greater understanding of rift geometry, basin evolution and subsurface structure for targeted exploration
Net cash balance as at 31 December 2022 of $13.7 million
3. Gulf Keystone Petroleum #GKP - Update on Shaikan Field exports
Gulf Keystone has noted reports that the long running arbitration case between Iraq and Turkey concerning the Iraq-Turkey export pipeline has been awarded in Iraq’s favour.
Subsequent to the Court’s reported decision, the Kurdistan Pipeline Company notified GKP on 25 March that the Iraq-Turkey pipeline has been shut-in at Turkey’s request until the situation is resolved. The KRG exports crude from the Shaikan Field and other fields in the region via this route. GKP’s facilities have storage capacity that allow continued production at a curtailed rate over the coming days after which the Company will suspend production.
2. Canadian O'Seas Petr #COPL - Completion of US$14.8m Convertible Bond Financing
Canadian Overseas Petroleum announce that it successfully completed its US$14.8 million convertible bond financing on March 24, 2023 with the full increase option being exercised.
The Convertible Financing has been led by the main bondholder, institutional stakeholders, and new institutional investors providing the full amount of US$14.8 million principal, showing their strong support for the Company.
1. Avacta Group #AVCT - AVA3996 data poster presentation at AACR
Avacta Group plc announces it will present a poster entitled 'AVA3996, a novel pre|CISION™ medicine, targeted to the tumor microenvironment via Fibroblast Activation Protein-alpha (FAP-a) mediated cleavage', at the American Association for Cancer Research (AACR) 2023 Annual Meeting, taking place at Orange County Convention Center, Orlando, Florida on 16 April.
5. Union Jack Oil #UJO - US$14m Net Revenues Landmark Reached at Wressle
Landmark US$14,000,000 revenues generated to Union Jack since re-commencement of production at Wressle during August 2021. Union Jack holds a 40% economic interest in this development.
Union Jack continues to be cash flow positive covering all G&A, OPEX and contracted or planned CAPEX costs, including any drilling activities for at least the next 12 months
As of 24 March 2023, cash balances, short-term receivables and investments stood at over £10,500,000 & Debt free
4. Helium One Global #HE1 - Unaudited Interim Results
Successfully raised £9.9 million ($12.3 million) in December to fund the Company through the 2023 Drilling programme in the Rukwa Basin, anticipated in 3Q 2023
Completion of analysis of Falcon Airborne Gravity Gradiometry and aero-magnetic data over the Balangida Basin; developing a greater understanding of rift geometry, basin evolution and subsurface structure for targeted exploration
Net cash balance as at 31 December 2022 of $13.7 million
3. Gulf Keystone Petroleum #GKP - Update on Shaikan Field exports
Gulf Keystone has noted reports that the long running arbitration case between Iraq and Turkey concerning the Iraq-Turkey export pipeline has been awarded in Iraq’s favour.
Subsequent to the Court’s reported decision, the Kurdistan Pipeline Company notified GKP on 25 March that the Iraq-Turkey pipeline has been shut-in at Turkey’s request until the situation is resolved. The KRG exports crude from the Shaikan Field and other fields in the region via this route. GKP’s facilities have storage capacity that allow continued production at a curtailed rate over the coming days after which the Company will suspend production.
2. Canadian O'Seas Petr #COPL - Completion of US$14.8m Convertible Bond Financing
Canadian Overseas Petroleum announce that it successfully completed its US$14.8 million convertible bond financing on March 24, 2023 with the full increase option being exercised.
The Convertible Financing has been led by the main bondholder, institutional stakeholders, and new institutional investors providing the full amount of US$14.8 million principal, showing their strong support for the Company.
1. Avacta Group #AVCT - AVA3996 data poster presentation at AACR
Avacta Group plc announces it will present a poster entitled 'AVA3996, a novel pre|CISION™ medicine, targeted to the tumor microenvironment via Fibroblast Activation Protein-alpha (FAP-a) mediated cleavage', at the American Association for Cancer Research (AACR) 2023 Annual Meeting, taking place at Orange County Convention Center, Orlando, Florida on 16 April.