Watch our Look ahead to 2025 series here.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Sponsored Content

Pin to quick picksStar Energy Share News (STAR)

Share Price Information for Star Energy (STAR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 7.84
Bid: 7.52
Ask: 8.48
Change: -0.24 (-2.91%)
Spread: 0.96 (12.766%)
Open: 7.84
High: 7.84
Low: 7.84
Prev. Close: 8.24

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Star Energy secures five-year EUR25 million facility

Tue, 09th Apr 2024 13:34

(Alliance News) - Star Energy Group PLC on Tuesday said it has closed a new EUR25 million secured facility.

The onshore energy company said the facility has been provided by Kommunalkredit Austria AG and is for five years.

Star Energy explained that the loan will "support its transition strategy into geothermal energy and enable continued investment in the oil and gas business utilising its existing cash flows."

Chief Executive Chris Hopkinson said: "Securing this facility is an important milestone for Star Energy. It allows us to use cashflows from our existing oil and gas business to optimise near-term conventional production (with quick pay-backs) and deliver our transition strategy; namely developing and monetising our geothermal business in both the UK and Croatia."

Shares in Star Energy were down 0.3% to 10.47 pence each in London on Tuesday afternoon.

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
3 Jan 2025 13:15

Star Energy increases A14 stake to 71pc

(Sharecast News) - Star Energy Group announced on Friday that it has increased its ownership stake in A14 Energy to 71%, through the acquisition of an additional 20% of the company's issued share capital from joint venture partner Peninsula International.

Read more
3 Jan 2025 09:02

Star Energy ups stake in Croatian geothermal development company

(Alliance News) - Star Energy Group PLC on Friday highlighted "greater flexibility" in its plans as it reported an increased stake in A14 Energy Ltd.

Read more
12 Nov 2024 16:28

Star Energy sells Alton land to Pickerings Hire for GBP6 million

(Alliance News) - Star Energy Group PLC on Tuesday said that it has exchanged contracts for the sale of land to Pickerings Hire Ltd for a cash consideration of GBP6.3 million.

Read more
12 Nov 2024 12:05

LONDON MARKET MIDDAY: Stocks down in tough week for Germany

(Alliance News) - Stock prices in London were lower at midday on Tuesday as investors digest pessimistic data out of Europe, thanks to headwinds threatened by Donald Trump's US election victory.

Read more
12 Jun 2024 16:41

EARNINGS AND TRADING: Distil loss widens; Genflow welcomes grant

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

Read more
5 Jun 2024 15:31

UK shareholder meetings calendar - next 7 days

Read more
24 Apr 2024 16:02

EARNINGS AND TRADING: Nichols trading in line; Ondine revenue doubles

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

Read more
17 Apr 2024 14:00

UK earnings, trading statements calendar - next 7 days

Read more
12 Feb 2024 19:44

TRADING UPDATES: Katoro Gold launches fundraising, eyes board shake-up

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

Read more
14 Dec 2023 19:29

EARNINGS AND TRADING: RM says Consortium closure progressing to plan

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

Read more
14 Dec 2023 13:08

Star Energy on track to meet full-year production goal

(Sharecast News) - Star Energy said in a trading update on Thursday that it was on course to meet its full-year production goal of 2,090 barrels of oil equivalent per day (boepd).

Read more
12 Dec 2023 15:52

Star Energy mobilises drill rig to Ernestinovo

(Sharecast News) - Star Energy announced the mobilisation of a drill rig to its recently constructed well pad on the Ernestinovo Licence in eastern Croatia on Tuesday.

Read more
12 Dec 2023 12:46

Star Energy mobilises drill rig in Croatia to test Ernestinovo licence

(Alliance News) - Star Energy Group PLC on Tuesday outlined plans to test the geothermal potential of its recent acquisition in Croatia, after mobilising a drill rig to the Ernestinovo licence.

Read more
4 Oct 2023 14:22

Star Energy wins two geothermal licences in Croatia

(Sharecast News) - Star Energy announced on Wednesday that its Croatian subsidiary has been awarded two geothermal licences by the Croatian Hydrocarbon Agency, further extending its geothermal exploration endeavours in the region.

Read more

Make Better Investment Decisions

Register for FREE

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.