Parkmead awarded three new North Sea blocks
5th Feb 2024 13:17
(Sharecast News) - Independent energy group Parkmead has been provisionally awarded three new offshore blocks by the North Sea Transition Authority (NSTA) in tranche two of the UK's 33rd Licensing Round.
Read moreParkmead reports progress at LDS-01 well
2nd Feb 2024 16:30
(Sharecast News) - Independent energy firm Parkmead updated the market on its gas production following the successful start of production from the LDS-01 well in the fourth quarter of 2023.
Read moreParkmead reports strong uplift in full-year revenue
17th Nov 2023 13:10
(Sharecast News) - Parkmead reported a 22% improvement in revenue in its preliminary results on Friday, to £14.77m.
Read moreParkmead starts production from new Dutch gas discovery
6th Apr 2023 15:40
(Sharecast News) - Independent energy company Parkmead announced the start of gas production from its new LDS-01 discovery in the Netherlands on Thursday.
Read moreRig on the way to Parkmead's next Dutch wells
16th Nov 2022 13:45
(Sharecast News) - Independent energy company Parkmead announced on Wednesday that the Drilltec Synergy 2 rig had now started its mobilisation, ahead of its upcoming two-well 'LDS' drilling campaign in the Netherlands.
Read moreParkmead successfully integrates Kempstone Hill Wind Farm
6th Oct 2022 12:56
(Sharecast News) - Independent energy company Parkmead updated the market on its onshore UK projects on Thursday, confirming that the acquisition of the Kempstone Hill Wind Farm, completed in February, was now fully integrated.
Read moreParkmead launches farm-out process for Greater Perth Area
29th Jul 2022 11:52
(Sharecast News) - Parkmead has engaged corporate finance advisory firm Gneiss Energy to help find a suitable partner for its 100% interest in the Greater Perth Area development project, it announced on Friday.
Read moreParkmead swings to profit as revenues triple
25th Mar 2022 10:50
(Sharecast News) - Energy developer Parkmead reported a tripling in revenue in its first half on Friday, to £4.6m from £1.5m, as it benefited from continued increases in gas prices.
Read moreParkmead revenue falls despite 'strong momentum' towards year-end
26th Nov 2021 10:22
(Sharecast News) - UK and Netherlands-focussed energy company Parkmead reported strong momentum from increased gas prices in its preliminary results on Friday, with revenue for the year totalling £3.6m, down from £4.1m year-on-year.
Read moreParkmead agrees to buy historic royalties associated with existing interests
9th Jul 2021 09:45
(Sharecast News) - Independent energy group Parkmead has agreed to purchase a historic royalty associated with its existing interests in several licenses in the Netherlands from Vermilion Energy.
Read moreParkmead Group swings to a loss amid 'record low' gas prices
20th Nov 2020 08:15
(Sharecast News) - Energy outfit The Parkmead Group said on Friday that it had swung to a loss as a result of "record low" gas prices weighing on revenues.
Read moreParkmead offered three new licences in 32nd round
7th Sep 2020 11:02
(Sharecast News) - Oil, gas and renewable energy company Parkmead has been offered four offshore blocks and part-blocks spanning three new licences in the UK 32nd Licensing Round awards, it announced on Monday.
Read moreParkmead Group losses narrow despite low oil prices
18th Nov 2016 12:33
(ShareCast News) - UK and Netherlands-focused oil and gas group Parkmead posted its preliminary results for the year to 30 June on Friday, with revenue from continuing operations almost halving to £10.4m from £18.6m. The AIM-traded company managed to offset that with a significantly reduced cost of
Read moreParkmead increases stake in North Sea oil fields
14th Sep 2016 13:12
(ShareCast News) - AIM-listed oil and gas company Parkmead increased its stake in the Perth and Dolphin oil fields in the North Sea, which significantly increased the company's oil reserves. The UK and Netherlands focused company raised its stake in the oil fields to 60.05%, thus increasing potentia
Read moreCluff Natural Resources buys three North Sea oil licenses for 1 pound
23rd Mar 2016 07:36
(ShareCast News) - Algy Cluff, the wily boss of Cluff Natural Resources (CLNR), has taken advantage of the oil price slump to sign an agreement to pay £1 to acquire a share of three North Sea licences that the company said offered the potential for 400m barrels of recoverable oil in the near-term. C
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