News Results for Nu-oil And Gas (NUOG)

  • Mar 09, 2020
  • Stock Market Wire

Cash shell Nu-Oil and Gas said a planned reverse takeover transaction first flagged in April was no longer proceeding despite efforts to agree mutually acceptable terms. The company said its...

Cash shell Nu-Oil and Gas said it was in talks with potential reverse takeover targets in the environmental industry. 'The company is evaluating potential reverse takeover targets across all...

Cash shell Nu-Oil and Gas posted a full-year loss owing to expenses including an impairment of exploration and development assets. Pre-tax losses for the year through June amounted to £2.80m,...

Nu-Oil and Gas said it had returned the equity it had held in Enegi Oil to that company, with immediate effect. The move continued the implementation of changes to create a new direction for the...

Nu-Oil and Gas announced a board overhaul as it moved to sell an asset, issue new shares and renegotiate it debt to bolster its balance sheet. The company said joint managing director and chief...

Nu-Oil and Gas said that it would defend a claim lodged by a joint venture partner in Canada that is pursuing the costs of well work. The company's subsidiary Enegi had been working on a...

Nu-Oil and Gas said that its 50%-owned Marginal Field Development Company joint venture had entered into a collaboration agreement with Petrofrac. The companies would pursue opportunities in the...

Nu-Oil and Gas launched a share issue to raise up to £250k to help fund a gas-to-power project. New shares in the company would be issued at 0.3p each. Nu-Oil and Gas said the proceeds would...

Nu-Oil and Gas booked a first-half loss and said it would raise capital through a share issue. Pre-tax losses for the six months through December amounted to £972k, compared to losses of £916k...

Nu-Oil and Gas confirmed that Marginal Field Development Company, in which it owned a 50% stake, had entered into a collaboration agreement with Siemens. The German engineering group had become...

Nu-Oil and Gas said its Marginal Field Development Company joint venture had forged a collaboration agreement with Marvani. MFDevCo would also seek to collaborate with further large engineering...

Nu-Oil and Gas reported a full-year loss for 2018, but believed it had the necessary foundations in place to see an upturn in activity in 2019. The company announced a pre-tax loss of £1.878m for...

Nu-Oil and Gas said it was reconsidering whether to proceed with a planned capital raising following the collapse of broker Beaufort Securities. 'The company's preference is to complete the agreed...

Nu-Oil and Gas made a loss before tax of £1.67 million in the year to 30 June, compared with a loss of £816,000 the year before. No revenue was generated during the year. The main area of expense...

NU-Oil and Gas has announced the appointment of Simon Bygrave as Investor Relations and Communications Officer. At 1:23pm: (LON:NUOG) Nuoil And Gas Plc share price was -0.02p at 0.96p Story...

NU-Oil has received formal confirmation of the renewal of onshore petroleum lease PL2002-01(A) in Western Newfoundland, Canada, which is held by its subsidiary Enegi Oil. PL2002-01(A) has been...

NU-Oil has received informal confirmation that its application to renew onshore petroleum lease PL2002-01(A), which expired on 11 August 2017, has been approved. The company expects to receive...

NU-Oil & Gas has completed a placing of new shares to raise £1.1m in total before expenses. It placed 100m new shares at 1.1p each. Proceeds would be applied to general working capital and...

The FTSE 100 got off to a positive start thanks to rises in big-ticket miners, along with several financials and retailers. Not long after the open, the FTSE 100 was up 27.05 points, or 0.37%, to...

NU-Oil & Gas said workover operations on onshore petroleum lease PL2002-01(A) in western Newfoundland, Canada have commenced. Approval for the first phase of the work programme had been...

NU-Oil & Gas is awaiting regulatory approval to resume operations on PL2002-01(A) in Newfoundland, Canada. It said PVF Energy Services (PVF) had mobilised all major equipment to the Garden...

Nu-Oil & Gas confirms Marginal Field Development Company (MFDevCo) Ltd, in which it has a 50% stake, has executed an MoU with Calm Oceans Pte Ltd for the supply of production facilities under a...

Nu-Oil & Gas said its production sharing agreement with PVF Energy Services was to resume operations on PL2002-01(A) in Newfoundland. The company also posted a narrower H1 pretax loss of...

Alan Minty, Chairman, bought 5,000,000 shares in the company on the 28th February 2017 at a price of 0.50p. The Director now holds 5,000,000 shares. NOTE: Subscription Story provided by...

Dr Nigel Burton, Chief Executive Officer, bought 4,000,000 shares in the company on the 28th February 2017 at a price of 0.50p. The Director now holds 4,000,000 shares. NOTE: Subscription Story...

Frank Jackson, Non Executive Director, bought 2,000,000 shares in the company on the 28th February 2017 at a price of 0.50p. The Director now holds 2,000,000 shares. NOTE: Subscription Story...

NU-Oil & Gas says G2 Energy has successfully completed its due diligence on EL1070, offshore western Newfoundland. G2 Energy has an exclusive option to earn 100% of the Nu-Oil's working...

London shares are mixed in early deals -- blue chips up a jot and the mid cap down a wafer -- as a chipper set of FY results from Randgold Resources (RRS) propelled its shares higher, chased by...

NU-Oil & Gas has raised £2.05m in total before expenses in an placing and subscription. It placed 400m new shares with institutional shareholders at 0.5p each to raise £2.0m gross. At the...

As MPs in the UK debated the Brexit bill, mining stocks continued rallying as copper and gold advanced by approximately 2%. Gold miner Fresnillo (FRES) jumped by 3%, while Randgold Resources (RRS)...

Mining stocks were boosted by stronger commodity prices, which helped the FTSE 100 regain momentum after Trump's US travel ban spooked the global markets. The biggest blue chip gainers were...

London stocks mostly shrugged off the overnight malaise of Wall St and Asia to edge higher in the face of Brexit concerns and worries about President Donald Trump's US travel ban targeting seven...

NU-Oil & Gas has concluded an Agreement with PVF Energy Services Inc over onshore petroleum lease PL2002-01(A) in western Newfoundland, Canada. PVF would conduct a work programme, the aim of...

Nu-Oil and Gas said MFDevCo, in which it holds 50%, has entered a collaboration agreement with COSL Drilling Pan Pacific Ltd (CDPL), with the objective of securing projects more cost-effectively,...

London stocks are starting on a tentatively positive note, following on from gains on Wall St and in Asia overnight and as a slew of blue-chip updates are received broadly positively by investors....

London equities are making slim gains in early deals, with blue chips led up by a mixed bag of miners, financials and supermarkets. Ashtead (AHT) guided the mob with a 2.12% to 1593p, and was...

Nu-Oil & Gas has posted a narrower FY pretax loss of £816,000, from a year-earlier loss of £5.3m. "Implementation of the business plan will require an injection of additional capital to...

NU-Oil and Gas has appointed Strand Hanson as the company's nominated adviser with immediate effect. At 2:05pm: (LON:NUOG) Nuoil And Gas Plc Ord 0.1p share price was -0.04p at 0.6p Story...

NU-Oil and Gas has agreed heads of terms with PVF Energy Services Inc under which they will work together to establish commercial production operations on the company's licence PL2002-01(A). That...

Sterling gained in response to Carney's comments that inflation will rise. The FTSE 250 advanced 0.6% to 17,980. The FTSE 100 also remained in positive territory as financial stocks, including...

Utility stocks fell after Prime Minister Theresa May hinted she would increase regulations against the sector to prevent further price rises, causing the FTSE to drop 0.3% to 7,013. Centrica (CAN)...

NU-Oil and Gas has raised £700,000, before expenses, through the issue of 175,000,000 new ordinary shares with new and existing shareholders at 0.4p apiece. The net proceeds will be used for the...

A negative broker note on water stocks and fears about higher tobacco taxes put an end to this week's rally in the FTSE 100. United Utilities (UU.) and Severn Trent (SVT) fall after RBC Capital...

Nu-Oil and Gas has confirmed that all resolutions proposed at its annual general meeting today were approved. At 1:33pm: (LON:NUOG) Nuoil And Gas Plc Ord 0.1p share price was 0p at 0.24p Story...

Nu-Oil and Gas has booked a wider FY pretax loss of USD5.3m, from USD4.9m. Revenue was USD27,000, from USD45,000. Most of the losses were due administrative expenses. "The Directors believe that...

BHP Billiton (BLT) has provided further information on last week's incident at the Samarco Mineração (Samarco) iron ore operation in Minas Gerais, Brazil. Each of BHP Billiton and Vale holds a...

FTSE indices continued lower to midday, following a markedly lower Europe after disappointing euro-zone economic growth numbers, with pharmas, insurers and utilities in particular focus. BHP...

NU-Oil and Gas has raised GBP0.44m via the issue of 124.3m new shares to institutional investors at a price of 0.35p each. Net proceeds would be used primarily to implement the Company's stranded...