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Kea Petroleum, the Kiwi on the up ! (KEA)
required field - 01 Apr 2010 09:47
gibby - 19 Aug 2014 15:46 - 115 of 121
wonder how far this will drop before bottom
mitzy - 22 Aug 2014 11:36 - 116 of 121
mitzy - 16 Sep 2014 12:16 - 117 of 121
gibby - 22 Sep 2014 11:06 - 118 of 121
RNS
RNS Number : 2390S
Kea Petroleum PLC
22 September 2014
For immediate release
22 September 2014
Kea Petroleum plc
("Kea" or the "Company")
Issue and Allotment of Ordinary Shares following Exercise of Conversion Rights
Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, announces that it has received a notice of exercise by Darwin Strategic Limited ("Darwin") to convert £500,000 of Darwin's Convertible Loan Notes at a gross conversion price of 1.0p per share. Details of the Convertible Loan Notes ("CLNs") were announced by Kea on 23 May 2014 pursuant to which 50,000,000 ordinary shares (the "Conversion Shares") now fall to be issued. These shares represent the final tranche of Conversion Shares to be issued in connection with the CLNs facility announced on 23 May 2014.
gibby - 15 Oct 2014 08:02 - 119 of 121
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Wednesday 15 October, 2014
Kea Petroleum PLC
Approval of New Work Stage at Mauku
RNS Number : 3463U
Kea Petroleum PLC
15 October 2014
For Immediate Release 15 October 2014
Kea Petroleum plc
("Kea" or the "Company")
Approval of New Committed Stage of Work Programme
and Part Relinquishment of Area
Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, is pleased to announce that on 10 October 2014, New Zealand Petroleum & Minerals (NZP&M), the government oil and gas regulatory agency, approved a new committed stage of the work programme in respect of Petroleum Exploration Permit 381204. The permit is located part on shore and part off shore in north Taranaki.
Kea drilled Mauku-1 on PEP381204 during Q2 2013. Mauku-1 intersected good quality Mangahewa "C" sands (161m net thickness) in a sub-thrust target. The sands were water wet.
Remapping of the seismic data, and 123 km of new pre-stack depth migration post Mauku-1, shows the well was drilled significantly down dip of a 20 km2 structural closure at Mangahewa level, and shows a larger closure at mid-Cretaceous Taniwha formation level.
The new work programme comprising 15 km of 2D land based seismic reflection data will extend the data coverage over the 20 km2 structural closure at Mangahewa level. This will help to define a better well location. Kea is in discussion with potential industry partners to farm-out the Mauku prospect.
PEP51153
On 13 October 2014 NZP&M accepted Kea's notice of surrender of Area A of Petroleum Exploration Permit 51153. Kea, with JV partner MEO New Zealand Pty Limited, determined that prospectivity in the 19.787 km2 area was insufficient to justify further exploration expenditure. The larger Area B (84.673 km2) around the Puka production site has been retained.
Ian Gowrie-Smith, Chairman of Kea, commented: "We are pleased to have come to an agreement with NZP&M that eliminates the need to commit to and finance the drilling of Mauku-2 during the coming 12 months and replaces it with a relatively inexpensive seismic programme. Since the drilling of Mauku, Kea and Methanex have carried out a substantial PSDM programme and remapped a very exciting structure to the North East of Mauku-1. The seismic programme should help clarify this prospect further and give the Company additional time and ammunition to find a farm-in partner. Kea always envisaged that Mauku-1 would need to be drilled to enable the structure to be accurately defined."
This release has been approved by non-executive director Peter Mikkelsen FGS, AAPG, who has consented to the inclusion of the technical information in this release in the form and context in which it appears.
For further information please contact:
js8106455 - 01 May 2015 14:42 - 120 of 121
Bullshare
- 12 May 2015 15:31
- 121 of 121
Shares Investor Evenings showcase up to four presentations from leading companies bringing them together in one room for one evening only.
Directors present their latest plans regarding development and growthAn opportunity to talk directly to the companies and personally put forward your questionsThe chance to network with other attendees over drinks and canapés - private investors, wealth managers, private client brokers, fund managers and financial institutionsThursday 14th May 2015
Venue:Novotel Tower Bridge, London EC3N, 10 Pepys Street, London, EC3N 2NR
Event Timings:| 18.00 | Registration and coffee | |
| 18.30 | Presentations • Daniel Betts, CEO - Hummingbird Resources (HUM) • Ian Gowrie-Smith, Chairman - Kea Petroleum (KEA) • Yaron Bull, . - PrimaryBid • Kieran D'Silva, . - PrimaryBid • Anand Sambasivan, CEO - PrimaryBid • Dennis Melka, Chairman & CEO - United Cacao Limited SEZC (CHOC) | |
| 20.30 | Drinks reception and canapés | |
| 21.30 | Close |
 | Founded in late 2005, Hummingbird Resources is a West African gold explorer and developer (AIM:HUM), which listed on AIM in December 2010. Since IPO the Company has significantly grown its initial resource from an initial 0.8Moz to 4.2Moz at its Dugbe 1 Project in Liberia, West Africa and with the acquisition of Gold Fields’ gold assets in Mali, Hummingbird is now a multi-project, near-term producer with a 6Moz gold resource and 5,000 km2 of exploration ground. |
 | Kea Petroleum is a New Zealand focused oil & gas exploration and production company.Since incorporation in 2009, Kea Petroleum has acquired extensive onshore and offshore acreage in the renowned Taranaki basin, on the west coast of New Zealands’ North Island, home to some of Australasia’s largest oil and gas discoveries. |
 | PrimaryBid is an online platform which provides crowdfunding for AIM Placings. It allows private investors the opportunity to create their own placings on their own terms. |
 | United Cacao Limited SEZC is the only publicly listed pure-play cacao producer globally and currently the only publicly listed tropical plantation company in Latin America. It is registered and trades on the AIM Market of the London Stock Exchange with the ticker symbol CHOC. All of the Company's estate staff are employed under Peruvian labor contracts in accordance with the Peruvian Ministry of Labour and paid above national standards via electronic direct deposit to their personal bank accounts. We believe this sets the global labour standard for large-scale, ethically produced cacao. In an industry plagued with child labor and slavery, United Cacao Limited SEZC seeks to provide a clear path forward for ethically produced cacao to the world marketplace. |
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