Touchstone Exploration (TXP.L) said Friday it initially raised $10.9 million in gross proceeds through a share issuance at 0.07 pound sterling, with its WRAP offer still open.
The petroleum and natural gas company's largest shareholder, Purebond, subscribed for about $10.3 million of the total via a combination of subscription shares and debt securities.
The new shares are expected to be admitted to trading on London's AIM and listed on the TSX in Toronto, Canada, on June 10.
ShaMaran Petroleum (SNM-SDB.ST) shares started trading on the Oslo Stock Exchange-operated Euronext Growth Oslo on Friday, according to a same-day release.The Iraq-focused oil and gas company was previously listed on the TSX Venture Exchange in Toronto.
SBM Offshore (SBMO.AS) said Thursday it agreed to sell a 45% ownership interest in the floating storage and offloading vessel Chalchi to Nippon Yusen Kabushiki Kaisha.The transaction will involve the transfer of interest in special-purpose companies overseeing the lease and operation of the vessel, with the Dutch offshore floating production company to retain a 55% ownership interest. Completion is subject to preceding conditions, including approvals.Still under construction, the Chalchi vessel will be subject to 20-year lease-and-operate contracts in Mexico with a local affiliate of Australian petroleum exploration and production company Woodside Energy (WOP.F). The vessel has the capacity to store 950,000 barrels of crude oil.
President Donald Trump said he would be willing to meet Iranian Supreme Leader Ayatollah Mojtaba Khamenei if a deal is reached to end the US-Iran conflict, CNBC reported Thursday.Trump said he would be "honored" to meet Khamenei and suggested the Iranian leader could act professionally despite the deaths of family members, including former Supreme Leader Ayatollah Ali Khamenei, during the conflict.The comments come as negotiations remain uncertain, with the US seeking assurances that Iran will not develop nuclear weapons and will reopen the Strait of Hormuz, while Iran is demanding an end to hostilities and the US naval blockade.