Longboat Energy Share News (LBE)

AIM WINNERS & LOSERS: Tertiary Minerals teams up; Scirocco to hold GM

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Longboat Energy shares drop as Copernicus well abandoned

(Alliance News) - Longboat Energy PLC shares dropped on Thursday after it said its Copernicus exploration well offshore Norway came up dry and will now be plugged and abandoned.

TRADING UPDATES: DP Poland finds new CFO; Spectral MD wins new money

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Longboat Energy commences drilling of Oswig exploration well

Longboat Energy PLC - exploration and production company focused on the North Sea - Commences drilling operating on the Oswig exploration well in Norway.

IN BRIEF: Longboat Energy completes farm-in agreement

Longboat Energy PLC - exploration and production company focused on the North Sea - Completes farm-in agreement with OMV Norge AS which was originally announced on May 9. Through the agreement, Longboat farmed-in two gas weighted exploration projects on the Norwegian Continental Shelf. The first well, 20% owned Oswig, is expected to spud in July and the second, 20% owned Velocette, is expected to be drilled in the second quarter of 2023.

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IN BRIEF: Longboat Energy eyes drilling at two sites by September

Longboat Energy PLC - exploration and production company focused on the North Sea - Expects to commence drilling at 20%-owned Oswig site in July and drilling at 10%-owned Copernicus site by the end of September. Company remains fully funded for its drilling programme. Adds it is reviewing monetization and commercialization options at three existing discoveries, Egyptian Vulture, Rodhette, and Kveikje.

Longboat Energy to abandon Cambozola well in Norway due to dryness

(Alliance News) - Longboat Energy PLC on Monday said its Cambozola exploration well offshore Norway came up dry and will now be plugged and abandoned.

TRADING UPDATES: Longboat buys into assets; Midwich starts 2022 well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

LONDON MARKET PRE-OPEN: Shaftesbury in merger talks; Energean hits gas

(Alliance News) - Stocks in London are set to open on the backfoot on Monday, with worrying data from China showing exports from the world's second-largest economy have slowed, while the government also tightens its Covid restrictions.

IN BRIEF: Longboat Energy starts drilling at Cambozola well in Norway

Longboat Energy PLC - exploration and production company focused on the North Sea - Commences drilling operations at the 25%-owned Cambozola exploration well in Norway. Longboat says the well is a "play opener" and calls it the largest gas prospect to be drilled in Norway in 2022. The drilling of the Cambozola well 34/9-1S is expected to take up to 14 weeks.

AIM WINNERS & LOSERS: Intercede plunges after profit warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Longboat Energy shares rise on discovery of oil at Kveikje well

(Alliance News) - Shares in Longboat Energy PLC rose on Tuesday following a significant oil discovery in the Equinor-operated Kveikje exploration well in licence PL293B, in the Norwegian North Sea.

IN BRIEF: Longboat Energy "well positioned" as ramps up drilling

Longboat Energy PLC - North Sea-focused exploration and production - Reports pretax loss of GBP11.6 million in 2021, widened from GBP2.4 million in 2020, due to GBP6.4 million in exploration and evaluation expenses last year versus none the year before. Records no revenue either year. Says it is fully funded to complete its current drilling programme.

UK earnings, trading statements calendar - next 7 days