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Clontarf Energy PLC Ord 0.25P (CLON)

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20-Sep-2019 09:25 AM

Clontarf Energy announces interim statement; reiterates focus on Petroleum Agreement

Clontarf announced its unaudited financial results for the six months ended 30 June 2019. The Company said its principal focus for the period ended was ongoing discussions with the Ghanaian authorities about the ratification of its signed Petroleum Agree
28-May-2019 02:01 PM

Clontarf Energy losses narrow as exploration expenses fall

Ghana and Bolivia focused gas explorer Clontarf Energy booked a narrower full-year loss after its exploration impairment costs fell. Pre-tax losses for the year through December amounted to £351k, compared to losses of £2.8m on-year. 'W
30-May-2018 09:54 AM

Clontarf Energy reports wider loss as it writes off Peurvian assets

Clontarf Energy, the oil and gas exploration company focused on Ghana, reported Wednesday a wider loss before tax of £2.78m compared with a loss of £0.2m the previous year. The wider loss comes as the firm wrote off an investment on its Peru
26-Sep-2017 01:48 PM

Union Oil reliquishes Block 183 in Peru

Clontarf Energy has confirmed that Union Oil (the 80% owner of the concession) have returned the licence held on Block 183 to the Peruvian Authorities. Union Oil said this was due to the inability over a 3 year period to obtain the permits, particularly
08-Jun-2017 07:28 AM

Clontarf confirms constructive talks over Ghana block

Clontarf Energy has described recent discussions relating to the Tano 2A block in Ghana as positive and constructive. Director David Horgan said: "The Tano 2A saga has been ongoing for nine years. "There are numerous legacy issues which ar
06-Jun-2017 09:59 AM

Clontarf awarded block offshore Equatorial Guinea

Clontarf Energy has been awarded block 18 (EG-18) in the Equatorial Guinea 2017 bid round. Clontarf said block 18 covered approximately 5,056 sq kms of undrilled deep water acreage with several play types. Clontarf said its focus would be on working
18-May-2017 09:15 AM

Clontarf losses narrow

Clontarf Energy's operating losses narrowed to £199,628 in the year to the end of December - down from £205,142 last time. Chairman John Teeling said: "The focus of our activities has been and remains, a 60% interest in an onshore/o
19-Sep-2016 07:32 AM

Clontarf offered revised Tano Basin acreage

Clontarf and its partners have been offered revised Tano Basin acreage coordinates by Ghanaian officials, which have been accepted in principle. Negotiations to formalise a revised petroleum agreement between the company and Ghanaian officials will con
22-Jun-2016 02:16 PM

Clontarf to hold talks over Ghana block

Clontarf has been advised that Ghana's ministry of petroleum is available for negotiations over the block named 'Lukoil B'. The ministry has reviewed Clontarf's entire proposals for amended coordinates of the Tano Basin block which it
27-May-2016 07:41 AM

Clontarf losses narrow

Clontarf Energy posts an operating loss of GBP204,559 for the year to the end of December - down from GBP244,303 last time. Revenues were nil - unchanged from last time - and the losses in both years were attributable to administrative expenses. Clontar
22-Sep-2015 09:17 AM

Clontarf losses narrow

Clontarf Energy is fully funded for current activities over the next couple of years and reports progress in Peru and Ghana. The group posts pre-tax losses of £86,000 for the six months to the end of June - down from £159,000 a year ago. Revenue was n
20-May-2015 09:32 AM

Clontarf losses narrow

Ghana-focused Clontarf Energy posts a pre-tax loss of £274,196 for the eyar to the end of December - down from £3.2m last time. Revenue was nil - unchanged from 2013. Chairman John Teeling said: "Recent years have not been kind to junior explorat
13-Oct-2014 08:00 AM

Clontarf reaches deal over Ghana block

Clontarf Energy says an agreement has been reached with the Ghanaian authorities on the specific revised co-ordinates of the signed petroleum agreement on a licence block in the Tano area. This solution is satisfactory for the company and brings its in
17-Jul-2014 08:59 AM

Dispute over Ghana block settled, says Clontarf

Clontarf's 60%-owned Pan Andean Resources has reached agreement with Ghanaian authorities which clarifies the co-ordinates of the petroleum agreement on a licence block in the Tano area. It was agreed that additional, contiguous acreage would be a
08-Jul-2014 08:09 AM

Clontarf legal proceedings adjourned

Clontarf Energy says the adjournment of legal proceedings in the Ghana High Court in Ghana over the Tano 2A exploration licence has been extended until 16 July. Clontarf says the extension has been at the request of all parties, to allow discussions to c
29-May-2014 08:05 AM

Clontarf pre-tax losses rise

Ghana and Peru focused oil and gas explorer Clontarf Energy posts a pre-tax loss of £3.2m for the year to the end of December - up from £1.3m in 2012. Revenues were nil - unchanged from last time - but impairment of evaluation and exploration assets ro
25-Mar-2014 01:14 PM

Clontarf seeks injunction over Ghana block

Clontarf Energy is seeking an injunction to prevent the award of any part of the Tano 2A block to a third party. Clontarf says this follows recent press reports and associated speculation regarding the ratification by the Ghanaian parliament of a petro
14-Jan-2014 03:25 PM

Clontarf Energy issues shares

Clontarf Energy (LON:CLON), the AIM-quoted oil explorer, announces announces that it has today issued 7,231,975 new ordinary shares of 0.25 pence each in settlement of professional fees. The 7,231,975 Ordinary Shares being issued will rank pari passu i
27-Sep-2013 07:57 AM

Clontarf Energy pre-tax losses rise

Clontarf Energy posts pre-tax losses of £611,000 for the six months to the end of June - up from £246,000 last time. Revenues were nil - unchanged from a year ago - but administrative expenses rose to £598,000 from £246,000. Chairman John Teeling sa
12-Aug-2013 07:25 AM

Clontarf notes Rurelec deal with Peru Oil & Gas

Clontarf says Rurelec, an AIM listed energy provider in South America, has entered into an agreement with Peru Oil and Gas Exploration Ltd to purchase gas from Block 183 in Peru, when and if gas is produced. Under the agreement with Peru Oil and Gas Expl
30-May-2013 08:46 AM

Clontarf operating losses rise

Ghana and Peru-focused oil and gas explorer Clontarf Energy posts operating losses of £1.3m for the year to the end of December - up from £868,732 in 2011. Pre-tax losses increased to £1.3m - up from £870,082 a year ago. Chairman John Teeling said:
15-May-2013 08:36 AM

Clontarf agrees deal over Peruvian blocks

Clontarf Energy has concluded an agreement on its Peruvian oil and gas exploration Blocks. Peru Oil and Gas Exploration Limited, an energy investment company, will undertake responsibility to put up performance bonds and conduct contractual work on the e
03-Jan-2013 01:26 PM

Teeling steps down from Contarf board

Contarf Energy non-executive Jack Teeling has resigned from the board with immediate effect to focus on his growing whiskey ventures. The board acknowledged his contributions over the years and wished him success in his endeavours. At 1:26pm: (LON:CLO
04-Dec-2012 09:16 AM

Clontarf inks MOU on Peru blocks

Clontarf has signed a memorandum of understanding with an Italian group to co-operate on jointly exploring and developing Peruvian blocks 183 and 188. Clontarf says this group, in turn, is in advanced discussions with a European investment banking group
20-Nov-2012 08:11 AM

Clontarf strategic partnership talks 'advancing'

Clontarf Energy is advancing towards securing strategic partnerships on blocks 183 and 188 in Peru. Block 183 in central Peru covers 396,826 hectares. Block 188 in southern Peru covers 595,809 hectares and is located only 100 kilometres north east of the
 
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