Lochard Energy raises cash to fund Athena costs
Lochard Energy (LON:LHD), the North Sea exploration company, has raised £3.38 million, before expenses in an oversubscribed placing of shares priced at 7 pence each.
Oil and Gas Round-Up
As the great economic depression gets deeper, EnCore Oil has succumbed to the charms of Premier Oil while Cove Energy pops up with more good news in Mozambique.
Lochard Energy searching for partners ahead of plans to drill Thunderball prospect
Lochard Energy (LON:LHD) has opened a data room with the aim of attracting potential farm-in partners for the Thunderball prospect on UK North Sea block 14/26b.
Oil & Gas Round-Up
A mixed bag in the SmallCapNews universe this week; more contracts for Plexus Holdings, disappointment for Petro Matad and others and a little bit of hope sprinkled around too.
