Solo Oil enters deal to sell Ausable Reef assets
8th Jul 2020 16:20
(Sharecast News) - Solo Oil updated the market on the disposal of its 28.56% interest in the Ausable Reef gas assets in Ontario, Canada, to Levant Exploration and Production on Wednesday.
Read moreSolo Oil blindsided by Aminex announcement on Ruvuma
8th Nov 2019 13:28
(Sharecast News) - Gas-focussed production and development company Solo Oil noted an announcement from Aminex on Friday, with regards to the Ruvuma Petroleum Sharing Agreement, in which it has a 25% interest.
Read moreSolo Oil talks up new acquisitive growth strategy
22nd Mar 2019 09:38
(Sharecast News) - Solo Oil updated the market on its strategy on Friday, reporting that under the stewardship of its recently appointed and experienced board, it was seeking to assemble a "balanced, full lifecycle" portfolio comprised of production, development and exploration assets that provided a sustainable path for growth.
Read moreSolo Oil board pleased with turnaround progress
11th Feb 2019 15:56
(Sharecast News) - Natural resources investment company Solo Oil issued a corporate, strategy, financial and operational update on Monday, reporting that it was in a "healthy" cash position.
Read moreSolo Oil pleased with progress at Kiliwani North
10th Dec 2018 14:42
(Sharecast News) - Natural resources investment company Solo Oil welcomed an update from the operator of one of its investments on Monday.
Read moreUK Oil and Gas ups stake in Horse Hill Developments
30th Aug 2018 08:20
(Sharecast News) - AIM-listed investor UK Oil and Gas has upped its stake in the Horse Hill oil discovery via a £4.5m acquisition of fellow AIM-listed firm Solo Oil's interest in the project's operator.
Read moreSolo Oil kicks off remediation work at Tanzanian interest
29th Aug 2018 08:12
(Sharecast News) - London-listed forms Solo Oil and Aminex updated investors on their Tanzanian operations on Wednesday morning.
Read moreSolo Oil provides update on Tanzanian assets
23rd Aug 2018 10:03
(Sharecast News) - Natural resources investor Solo Oil provided investors with an update on the operational progress seen at its Tanzanian assets on Thursday.
Read moreSolo Oil raises £2.41m through firm and conditional placings
6th Aug 2018 14:55
(Sharecast News) - Solo Oil has raised £2.41m before expenses, it announced on Monday, through a firm placing and conditional placing, with the board also planning an open offer to existing shareholders.
Read more'Excellent' Horse Hill flow rate results impress AIM quintet
3rd Aug 2018 12:31
(Sharecast News) - Horse Hill's testing results at the Portland reservoir in the UK's Weald Basin on Friday implied equivalent rates of 401 and 414 barrels of oil per day, beating 2016 results.
Read moreSolo Oil raises £2m to fund joint venture commitments
16th Feb 2017 12:38
(ShareCast News) - Solo Oil announced on Thursday that it raised £2m before expenses through a company-sponsored placing of 400 million new ordinary shares of 0.01p, at a price of 0.5p per placing share, representing approximately 5.7% of the issued share capital prior to admission of the placing sh
Read moreHorse Hill oil developers apply for further 'significant' drilling
17th Oct 2016 09:16
(ShareCast News) - UK Oil & Gas and its partners in the Horse Hill Developments (HHDL) company drilling for oil close to Gatwick Airport, have applied for planning permission with Surrey County Council for a further round of drilling. The HHDL group, in which AIM peers Alba Minerals, Doriemus, Gunsy
Read moreRig contract signed at Solo Oil investment
23rd Sep 2016 14:28
(ShareCast News) - Solo Oil has announced that it was informed on Friday, by the Ruvuma Petroleum Sharing Agreement operator Aminex, that a rig contract has now been signed for the drilling of the Ntorya-2 appraisal well in the Ruvuma basin. The AIM-traded firm said the Carol 2 drilling rig, which i
Read moreSolo Oil raises fresh funds from institutional investor
16th Sep 2016 12:56
(ShareCast News) - Solo Oil succeeded in raising £2.0m from an institutional investor. The explorer sold 1,111,111,111 new shares, which were equal to 15.9% of its issued share capital, at a price 0.18p, which were placed with Epsilon Pty. Proceeds from the placing would be used to fund its Ntorya-
Read moreHorse Hill oil in place estimates almost trebled
19th Jul 2016 12:02
(ShareCast News) - The Horse Hill project in Surrey looks like providing a bonanza for the range of AIM-listed companies involved after a near trebling of oil in place estimates to 22.9m barrels per square mile. As announced in March, the final HH-1 test of the upper Portland pay zone flowed at a co
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