Tickety..toc…11 Dec 2024 08:11
To Dr. Stephen Boldy (Director):
- Award of 3,000,000 Options
Options issued on 1 October 2024 to Dr. Stephen Boldy are exercisable at 10.5 pence per share.
1,000,000 share options will vest immediately and the remaining 2,000,000 share options will vest either after 3 months; or upon the first gas flow rate from the MOU-3 well in the Guercif Licence; or when production from the Cory Moruga Exploration and Production Licence reaches 100 barrels of oil per day, whichever occurs first.