Beacon Energy plc

Equities

BCE

IM00BKSCP798

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:20 2024-05-01 am EDT			5-day change	1st Jan Change
0.055 ^GBX	0.00%		+5.77%	-43.30%

Apr. 29	Libertine's strategic review; One Health sales up	AN
Apr. 16	Beacon Energy discloses delay in mobilising drilling rig in Germany	AN

Beacon Energy concludes Rhein Petroleum fundraise

March 27, 2023 at 03:04 am EDT

(via NewsDirect)

Beacon Energy PLC (AIM:BCE) chief executive Larry Bottomley speaks to Proactive's Thomas Warner after announcing that the company has concluded a £6mln fundraise ahead of its proposed takeover of German oil and gas assets via Rhein Petroleum.

Bottomley also discusses two new additions to the board of directors and gives his take on what's likely to come next.

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about Beacon Energy plc

Libertine's strategic review; One Health sales up	Apr. 29	AN
Beacon Energy discloses delay in mobilising drilling rig in Germany	Apr. 16	AN
EXECUTIVE CHANGES: Filtronic appoints Nathaniel Edington as CEO	Apr. 02	AN
Beacon Energy CEO to Retire in June	Apr. 02	MT
Beacon Energy plc Announces Chief Executive Officer Changes	Apr. 02	CI
EARNINGS AND TRADING: East Star, Getech strike Kazakhstan JV	Feb. 29	AN
Beacon Energy Raises EUR3 Million via Share Placing, Retail Offer	Feb. 29	MT
AIM WINNERS & LOSERS: Beacon Energy and Avacta fall on fundraise	Feb. 29	AN
Avacta plans fundraise to fund clinical development	Feb. 28	AN
Katoro Gold launches fundraising, eyes board shake-up	Feb. 12	AN
Beacon Energy to Restart Production at German Well in Coming Days	Feb. 12	MT
Beacon Energy plc Announces Operational Update on the Schwarzbach-2(2.) Well in the Erfelden Field	Feb. 12	CI
Beacon Energy shares drop on downbeat Erfelden update	Jan. 29	AN
Beacon Energy shares down after Erfelden well disruptions	Dec. 14	AN
Microsaic in funding talks; Jarvis says no payout	Nov. 14	AN
EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen	23-09-29	AN
Beacon Energy plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
Capital inks contract; Lansdowne becomes cash shell	23-09-20	AN
Union Jack Oil Ups Beacon Energy Stake	23-09-20	MT
Union Jack Oil plc acquired a 3.22% stake in Beacon Energy plc.	23-09-19	CI
FTSE 100 Closes Up Boosted by China Data and ECB Hints That Its Interest Rate Rises Are at the End	23-09-15	DJ
Beacon Energy raises GBP4.3 million in oversubscribed equity raise	23-09-15	AN
Beacon Energy Raises GBP4.3 Million through Share Offering, Stock Drops 8%	23-09-15	MT
Beacon Energy Seeks GBP4 Million from Share Offering	23-09-15	MT
Beacon Energy shares plummet despite "excellent" well findings	23-09-11	AN

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Company Profile

Beacon Energy plc is a United Kingdom-based international upstream oil and gas company. The Company acquired Rhein Petroleum GmbH, which has various drill-ready prospects within the asset areas. The transaction acquisition delivered a full-cycle portfolio of production, development, appraisal and exploration assets located onshore Germany. It holds a 100% interest in the Schwarzbach Production License, covering approximately 8.8 square kilometers (km2) in the Schwarzbach license, which sits in the German state of Hessen. It holds a 50% non-operating interest in the Lauben license covering 6.7 km2 in the German state of Bayern. The license is operated by ONEO, and is located in the Molasse Basin of southern Germany, around 200 kilometers (km) southeast of the Rhein Graben assets. The Steig discovery sits in the Graben-Neudorf license in the German state of Baden-Wurttemberg. The Graben discovery sits in the Karlsruhe-Leopoldshafen license in the German state of Baden-Wurttemberg.

Sector

Oil & Gas Exploration and Production

Calendar

2024-10-31 - Q4 2024 Earnings Release (Projected)

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Sector Other Oil & Gas Exploration and Production

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