Orcadian Energy has announced that the North Sea Transition Authority ( NSTA ) has declined Orcadian’s request to extend Phase A of Licence P2320. As a consequence the Licence determined (expired) on 14 May 2023. In addition, the potential disposals of interests in sub-areas of the licence to Rapid Oil and Carrick Resources will not now proceed.
(Alliance News) - Stock prices in London were largely higher at midday on Monday and the pound held firm against the dollar, with the FTSE 100 boosted by a strong performance by mining stocks.
The FTSE 100 index was up 37.74 points, or 0.5%, at 7,792.3. | 07:24am
Market Update: 15 May 2023 Union Jack Oil PLC (AIM:UJO) - FY22 maiden profit IOG PLC (AIM:IOG) - Blythe well drilling ahead Orcadian Energy PLC (AIM:ORCA).
Orcadian Energy, the low-emissions North Sea oil and gas development company, has announced its audited results for the twelve months ended 30 June 2022.