Crude Oil (WTI)

Commodity

XD0015948363

Delayed OTC Data Services 04:36:16 2024-04-29 am EDT			5-day change	1st Jan Change
83.32 ^USD	+0.35%		+1.73%	+16.86%

10:15am	News Highlights : Top Energy News of the Day - Monday at 4 AM ET	DJ
09:56am	Solid start to week for record-setting FTSE 100	AN

Lansdowne Oil & Gas launches new share placing

December 07, 2023 at 09:28 am EST

Lansdowne Oil & Gas PLC - North Celtic Sea-focused oil and gas company - Places 40.0 million firm shares and 160.0 million conditional shares at 0.1 pence each, to raise GBP200,000. Placing of conditional shares depends on passing "certain resolutions" at upcoming general meeting on December 29. Company will use proceeds to meet expected working capital requirements through to the end of June 2024. It was designated an AIM Rule 15 cash shell on September 20, and must achieve a reverse takeover by March 20.

Current stock price: 0.11p, down 12% on Thursday afternoon in London

12-month change: down 79%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRENT CRUDE OIL SPOT	87.78 USD	+0.31%	+1.00%	-
WTI	83.32 USD	+0.35%	+1.73%	-
LANSDOWNE OIL & GAS PLC	0.1 GBX	-.--%	-.--%	1.49M

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