Company Overview and News

 
Final Results and Notice of AGM

2017-06-29 londonstockexchange
MX Oil plc, the AIM quoted oil and gas investing company, announces its final results for the year ended 31 December 2016.
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Wangle Technologies appoints Sean Smith to chief executive officer

2017-01-25 proactiveinvestors.com.au
Smith has almost two decades of experience growing and leading teams in a range of different sized businesses, including ASX-listed and NYSE-listed global companies.
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Quarterly Update to 30 September 2016

2016-11-24 londonstockexchange
Paternoster Resources plc, the AIM quoted investing company focused on the natural resources sector, is pleased to provide a quarterly update for the three months to 30 September 2016.
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Financial Report for year ended 30 June 2016

2016-09-29 londonstockexchange
The 2016 financial year has been an extremely challenging year for Oilex and its shareholders, resulting in a loss before income tax of $36 million, primarily affected by non-cash impairment of exploration and development assets of $21.6 million, and reduced recovery of costs from Joint Ventures and costs associated with the Zeta Resources Limited litigation.  Against a back drop of a fifteen-year low in oil prices, the Company has had to divert much of its attention from the core business of developing value from its assets to addressing significant joint venture issues in India, costly litigation associated with its last capital raising, and  resetting the technical direction at Cambay, in association with lower than expected production rates at its most recent wells and delays associated with joint venture funding contribution to ongoing project activities.
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Taipan Resources To Start Drilling Badada-1 Well On Block 2B (Kenya) During January

2016-09-20 seekingalpha
In a recent update announcement, management of Taipan Resources anticipates that the Badada-1 well on Block 2B (Kenya) is expected to spud in mid-January.
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Jacka Resources completes transfer of interest in Aje Field to MX Oil

2016-08-11 oilvoice
As initially avised on 1 June 2015, Jacka Resources Limited (ASX:JKA) has been funding its portion of the Aje Field development program, offshore Nigeria, via an agreement with AIM-listed MX Oil Plc. (AIM:MXO). Under the terms of this agreement, ownership of Jacka's wholly owned licence-holding subsidiary would transfer to MXO upon commencement of commercial production. That stage has now been reached and accordingly MXO has now taken full control of the licence-holding subsidiary.
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Update on Nigerian investment

2016-08-10 londonstockexchange
MX Oil, the AIM quoted oil and gas investing company, has to date been investing indirectly into OML 113, a Nigerian oil and gas licence, through Jacka Resources Nigeria Holdings Limited ("Jacka Resources Nigeria"), a wholly owned subsidiary of Jacka Resources Limited ("Jacka").  Jacka Resources Nigeria owns 100% of PR Oil and Gas Limited, the holder of the interest in OML 113.
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MX Oil provides update on production at Aje Field

2016-07-19 oilvoice
MX Oil, the AIM quoted oil and gas investing company is pleased to note the announcement by Panoro Energy with regard to the Aje Field located in block OML 113 offshore Lagos, Nigeria. MX Oil has been investing indirectly into OML 113 through PR Oil and Gas Limited, a wholly owned subsidiary of Jacka Resources Limited. The commissioning of the Front Puffin floating production, storage and offloading vessel ('FPSO') has now been completed following the 72-hour test.
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Update on production at Nigerian investment

2016-07-19 londonstockexchange
MX Oil, the AIM quoted oil and gas investing company is pleased to note the announcement by Panoro Energy with regard to the Aje Field located in block OML 113 offshore Lagos, Nigeria. MX Oil has been investing indirectly into OML 113 through PR Oil and Gas Limited, a wholly owned subsidiary of Jacka Resources Limited. 
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MX Oil announces first oil from Aje field

2016-05-04 oilvoice
MX Oil, the AIM quoted oil and gas investing company is pleased to note the announcements by Yinka Folawiyo Petroleum Co. Ltd and Panoro Energy regarding OML 113. The operator of OML 113, Yinka Folawiyo Petroleum Co. Ltd, has advised that production of crude oil has commenced from the Aje Field located in Block OML 113 offshore Lagos, Nigeria. MX Oil has been investing indirectly into OML 113 through PR Oil and Gas Limited, a wholly owned subsidiary of Jacka Resources Limited.
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Nigerian investment achieves first oil

2016-05-04 londonstockexchange
MX Oil, the AIM quoted oil and gas investing company, is pleased to note the announcements by Yinka Folawiyo Petroleum Co. Ltd and Panoro Energy regarding OML 113.  The operator of OML 113, Yinka Folawiyo Petroleum Co. Ltd, has advised that production of crude oil has commenced from the Aje Field located in Block OML 113 offshore Lagos, Nigeria. MX Oil has been investing indirectly into OML 113 through PR Oil and Gas Limited, a wholly owned subsidiary of Jacka Resources Limited.
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