Scirocco Energy (SCIR)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.28p
   
  • Change Today:
    -0.050p
  • 52 Week High: 0.58
  • 52 Week Low: 0.23
  • Currency: UK Pounds
  • Shares Issued: 900.50m
  • Volume: 22,866,915
  • Market Cap: £2.48m
  • RiskGrade: 514

Solo Oil appoints experienced petroleum economist as non-executive director

By Duncan Ferris

Date: Wednesday 02 May 2018

LONDON (ShareCast) - (Sharecast News) - Natural resource investment company Solo Oil on Wednesday announced the appointment of Jon Fitzpatrick as a non-executive director of the company.
Fitzpatrick is a corporate lawyer and petroleum economist who has over 20 years of experience in the investment banking and energy sectors and opened an energy and resource advisory practice, Gneiss Energy, in 2016.

Prior to this, Fitzpatrick was senior managing director and head of natural resources for Europe, Middle East and Africa at Macquarie Capital and is currently a senior adviser to the board of Rockrose Energy.

Neil Ritson, Solo's Executive Chairman, commented: "Jon brings new perspectives and an additional set of competencies to the Solo board, with his extensive capital markets and deal structuring expertise, which complements the existing team. We are delighted to have Jon join the board and look forward to his active support and guidance in the future."

As previously announced, Fergus Jenkins has now resigned from his role as a non-executive director, leaving with immediate effect as Fitzpatrick joins in his place.

Jon Fitzpatrick said: "With the major gas discovery in the Ruvuma Basin reaching sanction, testing due to start at Horse Hill and the ongoing development of a unique position in natural helium exploration; Solo has developed an exceptional portfolio and I hope to play an active part in monetising those assets, whilst helping to grow and expand the portfolio for the future."

As of 0913 BST, Solo Oil's shares were down 4.62% at 3.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SCIR Market Data

Currency UK Pounds
Share Price 0.28p
Change Today -0.050p
% Change -15.38 %
52 Week High 0.58
52 Week Low 0.23
Volume 22,866,915
Shares Issued 900.50m
Market Cap £2.48m
RiskGrade 514

SCIR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.46% above the market average67.46% above the market average67.46% above the market average67.46% above the market average67.46% above the market average
68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average
Price Trend
56.57% below the market average56.57% below the market average56.57% below the market average56.57% below the market average56.57% below the market average
19.51% below the sector average19.51% below the sector average19.51% below the sector average19.51% below the sector average19.51% below the sector average
Income Not Available
Growth Not Available

SCIR Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:17 2,500,000 @ 0.30p
16:25 44,291 @ 0.30p
15:40 121 @ 0.25p
14:39 1,250,000 @ 0.30p
14:34 103,228 @ 0.28p

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