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  2. Share Prices
  3. Oracle Power Share Price
  4. Oracle Power Share News
  5. IN BRIEF: Oracle Power notes successful survey at green hydrogen plant

Pin to quick picksOracle Power Share News (ORCP)

Oracle Power Information

Share Price Information for Oracle Power (ORCP)

London Stock Exchange
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Share Price: 0.03
Bid: 0.028
Ask: 0.032
Change: -0.001 (-3.23%)
Spread: 0.004 (14.286%)
Open: 0.031
High: 0.031
Low: 0.03
Prev. Close: 0.031
ORCP Live PriceLast checked at -

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IN BRIEF: Oracle Power notes successful survey at green hydrogen plant

Fri, 28th Jul 2023 14:19

Oracle Power PLC - Pakistan-focused energy projects developer - Successfully raises GBP363,000 gross in June via a placing of shares at 0.1p. Says net proceeds will be used to advance its green hydrogen project in Sindh, Pakistan. Adds survey at green hydrogen project has revealed no obstructions, noting that the second quarter of the year has been "extremely productive."

Chief Executive Officer Naheed Memon says: "The second quarter of 2023 has been an extremely productive period for the company, with the signing of a number of significant agreements with energy leaders including PowerChina, K-Electric and PetroChina for the joint development of our energy projects including our flagship green hydrogen project, which signals the rapidly expanding appetite for green hydrogen as an alternative source of renewable energy."

Current stock price: 0.10 pence each, up 2.0% on Friday

12-month change: down 66%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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