The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Pin to quick picksCLNR.L Share News (CLNR)

  • There is currently no data for CLNR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Cluff founder Algy passes torch

Fri, 12th Apr 2019 10:34

(Sharecast News) - Natural resources investment outfit Cluff Natural Resources revealed on Friday that long-time chairman Algy Cluff intends to retire from the role following the company's next annual general meeting.The AIM-listed group will replace Cluff, who also stood down as chief executive in 2018, with Mark Lappin, a non-executive director of the company since 2016.With over 35 years' experience in the oil and gas industry, Cluff was confident that it was the "ideal time" to pass the torch to the former Centrica director and geologist for Phillips Petroleum.Cluff said: "Since stepping down as CEO last year, the company's executive management team, with significant input from Mark, have produced a tremendous platform for the next stage of activity and growth via the successful award of six additional licences in the UK's 30th Licencing Round and delivering a transformational farm-out with Shell on one, and possibly two of the company's licences."As a result of the farm-out with Shell, there is now a clear transition into a period of intensive oil and gas operations which will see, inter alia, the acquisition of 3D seismic in the summer of this year to support an investment decision for the drilling of at least one and potentially two wells."As of 1030 BST, Cluff shares had dipped 2.74% to 2.31p.
More News
5 Sep 2018 13:32

Cradle Arc Non-Exec Chairman Toby Howell Departs, Pitchford Replaces

LONDON (Alliance News) - Cradle Arc PLC on Wednesday said Roy Pitchford will replace an outgoing Non-Executive Chairman Toby Howell, who stepped down immediately to pursue his other business the a

Read more
3 Sep 2018 11:48

Cluff Natural Resources Interim Loss Widens, Aims For 2019 Drilling

LONDON (Alliance News) - Cluff Natural Resources PLC on Monday reported a widened interim loss as the energy project investment company works to find farm-in partners for North Sea the six months

Read more
30 Aug 2018 11:20

Cluff accepts award of licences on 10 full and part blocks

(Sharecast News) - Cluff Natural Resources announced on Thursday that, further to the provisional award of licences in the UK's 30th Offshore Licencing Round announced on 23 May, it has now received and accepted the formal award by the UK Oil and Gas Authority of the six licences covering a total of 10 full and part blocks.

Read more
31 May 2018 11:34

Cluff Natural Resources Gets Extension For Farm-Out Partner Search

LONDON (Alliance News) - Cluff Natural Resources PLC shares fell on Thursday as the company got an extension to complete its farm-out process, while it is also seeking funding.The UK Oil a

Read more
31 May 2018 10:54

WINNERS & LOSERS SUMMARY: FirstGroup Swings To Loss, CEO Departs

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 4.7%. The Irish building materials company

Read more
24 May 2018 11:48

Parkmead, Serica, United Oil & Gas And Faroe Awarded UKCS Licences

LONDON (Alliance News) - The UK Oil & Gas Authority awarded five licences to the Parkmead Group PLC, three to Serica Energy PLC, two to United Oil & Gas PLC, and one to Faroe Petroleum PLC

Read more
23 May 2018 16:31

Cluff Natural, Independent Oil, Reabold Awarded UKCS Licences

LONDON (Alliance News) - The UK Oil and Gas Authority awarded 10 licences to Cluff Natural Resources PLC, three licences to IOG North Sea Ltd and three to Reabold Resources PLC in the 30th UKCS on

Read more
30 Apr 2018 14:24

Cluff Natural Resources Loss Narrows As It Awaits Licence Decision

LONDON (Alliance News) - Cluff Natural Resources PLC on Monday reported a slightly narrowed loss for 2017 in a year in which it applied for a number of new licences in the UK North which has a of

Read more
20 Apr 2018 11:21

Cluff Natural Resources Raises GBP750,000 To Fund Potential Licenses (ALLISS)

LONDON (Alliance News) - Cluff Natural Resources PLC on Friday said it plans to raise GBP750,000 to begin evaluation of licenses that maybe awarded in the latest offshore licensing natural company

Read more
16 Jan 2017 09:45

Cluff Natural Resources Seeking Farm-Out Deals, Eyeing More Assets

Read more
4 Nov 2016 10:31

WINNERS & LOSERS SUMMARY: Housebuilders Hit By Firm UK Rate Outlook

Read more
4 Nov 2016 09:45

Cluff Natural Resources To Raise GBP1.8 Million In Discounted Placing (ALLISS)

Read more
28 Oct 2016 12:50

Cluff Natural Res to concentrate on farm-out of its advanced North Sea licenses

(ShareCast News) - Oil and gas investment company Cluff Natural Resources said it is to concentrate on the farm-out of its advanced licences and that it will reapply for its 50% owned licences in the Southern North Sea. The AIM-listed company is to prioritise the advancement of and farm-out of its t

Read more
19 Oct 2016 10:13

Cluff Natural Resources reports 'significant' amounts of gas at North Sea licence

(ShareCast News) - Cluff Natural Resources said it was stepping up its hunt for a farm-out partner after a "very significant" increase in natural gas was confirmed at its wholly owned licence in the North Sea. An independent survey of the six most mature prospects on licence P2248 in Block 43/11 of

Read more
24 Aug 2016 12:53

Cluff Natural Resources' shares rise as it finds gas prospects in North Sea

(ShareCast News) - Shares in oil and gas investor Cluff Natural Resources soared to more than 15% on Wednesday after the energy company said it identified prospective resources on its North Sea licence. The AIM listed company said it identified prospects on its P2248 licence in the southern North Se

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.