Fri, 13th Mar 2015 13:55
Oil and gas group Kea Petroleum has reached an agreement to sell its 70% interest in PEP51153, the licence which includes the Puka wells and the Shannon prospect in New Zealand, to Caliera Fund for £222,550. In a statement released on Friday, the London-listed group said the transaction would repres
Read moreOil and gas group Kea Petroleum has suspended trading in its shares after failing to secure bids totalling £3m via the PrimaryBid.com crowdfunding platform. Earlier in May, the New Zealand-focused group said it had extended the deadline on its fundraising to 22 May as the amount of bids it had secur
Read moreShares in Kea Petroleum jumped almost 20% on Tuesday, after the oil and gas explorer said it had joined a crowd-funding platform in a bid to raise £3m. The London-listed company, which is currently undergoing a strategic review, has joined up to Darwin Strategic's online funding platform PrimaryBid.
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