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Lansdowne Oil & Gas Ord 0.1P (LOGP)

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26-Jun-2020 02:31 PM

Lansdowne Oil & Gas books loss; eyes new Barryroe partner

Offshore Ireland focused oil company Lansdowne Oil & Gas booked a full-year loss as it attempted to progress the Barryroe prospect in the Celtic Sea. Pre-tax losses for the year through December amounted to £179k, compared to losses of £293k
22-Jun-2018 07:50 AM

Lansdowne Oil & Gas losses narrow as oil prices strengthen

Lansdowne Oil & Gas said Friday annual losses had narrowed as the company more than halved operating expenses and oil prices continued to strengthen. For the 12 months to 31 December, net losses narrowed to £0.3m from £1.2m the previous yea
28-Dec-2017 12:03 PM

FTSE follows overseas markets higher

Having hit a new record high during yesterday's session, the FTSE 100 nudged further ahead despite a lack of mid and large cap corporate news to encourage higher trading volumes. At midday the FTSE 100 traded 11 points higher at 7,631. Overseas mark
28-Dec-2017 07:39 AM

Lansdowne notes update on Barryroe

Lansdowne Oil and Gas has noted Providence Resources' update on the Barryroe field in which Lansdowne holds a 20% interest. Lansdowne said Providence's announcement contained information that various work-scopes for the planned drilling of the
02-Nov-2017 07:49 AM

Lansdowne notes Helvick farm-out approval

Lansdowne Oil & Gas has noted an announcement today by Providence Resources that the minister of state at the department of communications, climate action and environment had given his consent for the assignment of: - 10% of Providence's interes
31-Oct-2017 09:51 AM

Lansdowne to present at 121 investor event

Lansdowne Oil & Gas is presenting a corporate update at the 121 Oil & Gas Investment Event in London today. The presentation will be available for download from the company's website. Lansdowne also said it noted the announcement today by Provid
27-Sep-2017 07:59 AM

Lansdowne losses narrow

After-tax losses at Lansdowne Oil & Gas fell to £0.14m in the six months to the end of June - down from £0.52m last time Group operating expenses for the first half were £0.09m compared to operating expenses of £0.42m for the firs
11-Sep-2017 01:40 PM

Lansdowne shareholders pass all resolutions at AGM

Lansdowne Oil & Gas has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:40pm: (LON:LOGP) Lansdowne Oil Gas PLC share price was +0.18p at 1.2p Story provided by
13-Jul-2017 09:56 AM

Lansdowne 'very pleased' with Barryroe extension

Lansdowne Oil & Gas said it was 'very pleased' the Barryroe partners had been granted a two-year extension to the term of the first phase of the standard exploration licence to July 2019 and to the overall term to July 2021. The Barryroe partne
30-Jun-2017 08:08 AM

Lansdowne slashes losses

After-tax losses at Lansdowne Oil & Gas fell to £1.2m for the year ended 31 December - down from £15.1m in 2015. Group operating expenses for the year were £0.7m, compared with £1.0m in 2015 and net finance expense for the year
29-Jun-2017 09:29 AM

Lansdowne agrees loan from major shareholder

Lansdowne Oil & Gas has agreed a £350,000 loan from its major shareholder Brandon Hill Capital Limited. Lansdowne said that under the agreement it was able to draw down funds at its discretion in part or in full. It said a coupon of 12% per annu
15-Feb-2017 01:02 PM

Lansdowne relinquishes SEL 4/07

Lansdowne Oil & Gas has announced the relinquishment of Standard Exploration Licence 4/07, offshore Ireland, with effect from 31st December 2016. The Company said it retained a 20% interest in the licence after farming out to PSE Kinsale Energy, who acqu
21-Oct-2016 08:02 AM

Lansdowne sees ruling as a 'positive outcome'

Lansdowne Oil & Gas has described a court ruling on the litigation between Providence Resources and Transocean Drilling UK, a subsidiary of Transocean Ltd, as a highly positive outcome for the company. Lansdowne said it noted the release by Providence R
26-Sep-2016 09:10 AM

Lansdowne losses narrow

Lansdowne Oil & Gas posts a loss after tax of £0.52 million for the six months to the end of June compared to a loss of £0.55 million for the first six months of 2015. Group operating expenses for the first half of 2016 were £0.42 mill
23-May-2016 08:12 AM

Lansdowne plans capital reorganisation

Lansdowne Oil & Gas is to seek shareholder approval for a capital reorganisation at a general meeting on 9 June with the value of existing ordinary shares cut from 2.12p to 0.1p and the issue of deferred shares of 4.9p. Shareholders will also be asked to
13-Apr-2016 12:41 PM

Lansdowne Oil & Gas notes PVR update

Lansdowne Oil & Gas (LOGP) has announced that, through its 20% interest in the Barryroe Field, it will need to raise capital to meet any liabilities arising from the court ruling in respect of the Providence Resources (PVR)-Transocean litigation and for i
18-Feb-2016 09:11 AM

Lansdowne update on Celtic Sea portfolio

Lansdowne Oil & Gas has issued an update on its licences in the Celtic Sea offshore the south coast of Ireland. Barryroe oil field, North Celtic Sea Basin (Lansdowne 20%, Providence 80%, operator): - Farm-out discussions continue with third parti
03-Nov-2015 08:45 AM

Lansdowne welcomes Barryroe extensions

Lansdowne Oil & Gas has welcomed the Irish government's offer of extensions on standard exploration licence (SEL) 1/11 that contains the Barryroe oil field. Lansdowne has a 20% interest in SEL 1/11, which is in c.100 metres of water in the Celtic Se
24-Sep-2015 07:35 AM

Half year losses at Lansdowne fall

Lansdowne Oil & Gas, an upstream oil and gas company, focused on exploration and appraisal activities in the North Celtic Sea Basin, off the south coast of Ireland, has announced that for the six months ended 30 June 2015 the after tax was £0.55m (2014:
28-May-2015 08:30 AM

Lansdowne losses rise

Lansdowne Oil & Gas posts an after-tax loss of £1.3m for the year to the end of December - up from £0.8m last time. Operating expenses for the year were £1.3m (2013: £1.0m). Lansdowne had cash balances of £0.3m at the end of December (2013: £2.5m
27-May-2015 09:15 AM

Lansdowne notes update on Barryroe farm-out

Lansdowne Oil & Gas notes today's preliminary results announcement by Providence Resources, which included an update on the status of the Barryroe farm-out process. Lansdowne holds a 20% working interest in Barryroe and the update stated: "In F
08-Apr-2015 07:51 AM

Lansdowne launches strategic review

Lansdowne Oil & Gas is launching a review of the strategic options open to the company with the intention of considering all opportunities for maximising value for shareholders. The company says it is undertaking a careful evaluation of its business pla
19-Feb-2015 08:45 AM

Lansdowne farm-out deal approved

Lansdowne Oil & Gas's farm-out agreement with Kinsale Energy has been approved by the Irish government. Kinsale Energy will take an 80% interest in Lansdowne's 4/07 block in the Celtic Sea and fund 100% of the costs of drilling a well on the Mi
09-Feb-2015 07:55 AM

Lansdowne update on Barryroe farm-in

Lansdowne Oil & Gas has confirm that it has reached agreement on the commercial terms with the proposed farminee on its Barryroe asset (Lansdowne currently 20%), offshore Ireland. Lansdowne issued the confirmation after noting an announcement by Provide
07-Aug-2014 08:22 AM

Lansdowne reports progress at Barryroe oil field

Lansdowne Oil & Gas, the North Celtic Sea focussed, oil and gas exploration company, has reported an update on the Barryroe oil field. It is operated by Providence Resources which has an 80% stake with Lansdowne having a 20% interest. Following agreemen

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