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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Curzon Energy Plc | CZN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.775 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.775 | 0.775 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 29/10/2021 08:11 by adi27 Although... Poseidon Plastics Ltd.: Pre-Issuance Certification for £200m Climate Bond Launch- First of its kind Certification awarded by the Climate Bonds Standard Board- Initial proceeds to be deployed for construction of Teesside demonstrator facility- Further proceeds to be used for first integrated 75,000 tonne p.a. commercial facilityOctober 27, 2021 04:00 AM Eastern Daylight TimeREDCAR, England--(BUSINESS WIRE)--Poseidon Plastics Ltd. ("Poseidon" or the "Company")"We are delighted to have received pre-issuance certification and are looking forward to launching our first Green Bond in the coming months. We have enjoyed working closely with the CBI and share their vision of mobilising the global bond market for the promotion of a climate resilient economy."Tweet thisPoseidon is pleased to announce that it has been awarded pre-issuance certification for the Company's proposed Green Bonds (the "Bonds") under the global Climate Bonds Standard which is an overarching science-based, multi-sector standard overseen by the Climate Bonds Standards Board that allows investors and intermediaries to easily assess the climate credentials and environmental integrity of bonds and other green debt products. This Certification is a first for a European plastic recycling business and provides verification that Poseidon's Bonds will meet international best practice for climate integrity, management of proceeds, and transparency.The Bonds themselves, when launched, will help to meet the significant demand for environmentally and socially focused projects and assets, with the Climate Bonds Initiative's (CBI) Market Data estimating that green, social and sustainability ("GSS") bonds worth over $1.45tn have been issued since 2006, with $360bn issued this year alone. To date, over 389 companies have achieved Climate Bonds Certification including UBS, SNCF, Porsche, and Volkswagen.Poseidon intends to launch up to £200 million of Certified Climate Bonds, the proceeds of which will initially be used to fund the design and construction of a continuous demonstrator facility and Poseidon's first integrated 75,000 tonne per annum commercial erPET© facility in the Northeast of England. The first commercial facility will act as a blueprint for Poseidon's global expansion with multiple locations planned in the European Union and the United States to meet the Company's target of one million tonnes of recycled erPET© by 2027.Currently, around 80 million tonnes per annum of PET is produced globally and less than a quarter is recycled. This is where Poseidon hopes to make a significant environmental impact by using previously unrecyclable PET waste, currently destined for incineration and landfills, as feedstock. Successful implementation of Poseidon's proprietary enhanced recycling technology will deliver a circular economy for PET, which will no longer be considered as a 'single-use' plastic, but rather a valuable and fully recyclable feedstock.The Bond offering will complement the Company's intended reverse take-over ("RTO") of Curzon Energy, which is listed on the Main Market of the London Stock Exchange. By offering Green Bonds, as well as equity during the RTO process, the Company expects to have access to the external funding required to support a rapid global commercialisation of industrial volumes of erPET©.Lasse Wagene, CEO of Poseidon Plastics, commented:"We are delighted to have received pre-issuance certification and are looking forward to launching our first Green Bond in the coming months. We have enjoyed working closely with the CBI and share their vision of mobilising the global bond market for the promotion of a climate resilient economy.""As the eyes of the world turn towards Glasgow for COP26, demand for high-quality, sustainable debt instruments remains significant. It is only through the growing partnership of capital markets with innovative green businesses like Poseidon that the world's economies can meet their essential climate targets."About:Posei |
Posted at 06/5/2020 11:11 by kemche The CLN which were to finance this, which cannot be repaid, was for this. Apparently. Supposedly. Or so I am led to believe. Allegedly. Maybe.4 July 2019 Curzon Energy Plc ("Curzon" or the "Company") Loan Facility Curzon Energy plc (LON:CZN) the London Stock Exchange listed oil and gas development company, pursuing a targeted strategy of upstream North American natural gas appraisal and development assets, announces that it has agreed to issue secured loan notes of up to £200,000 ("Loan Notes") to high net worth investors. The Loan Notes yield 13% per annum, are due for repayment on 1 October 2019, carry a 5% redemption fee and are secured on the Company's interest in the Coos Bay coal bed methane project. Further, the Company will issue to these investors warrants over 1,000,000 shares in the capital of the Company, exercisable at a price of £0.02, for a period of 18 months. The proceeds of the Loan Notes will be applied to working capital and to finalizing negotiations and documentation associated with Pared Energy, LLC ("Pared Energy") and the Texas Gas Project, as previously announced on 29 March 2019, 20 December 2018 and 21 November 2018. Scott Kaintz, Chief Executive Officer, comments: "This facility assists the Company in bringing to fruition several months of work in laying the foundations for participation in the Texas Gas Project with Pared Energy. We look forward to making further announcements on these matters in due course." |
Posted at 19/9/2019 12:34 by profit7 Could surprise investors this |
Posted at 01/5/2019 14:37 by leeroy jenkins View Curzon Energy's talk at The Global Group UK Investor Show: |
Posted at 29/3/2019 15:44 by purple11 of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.29 March 2019 Curzon Energy Plc ("Curzon" or the "Company") Texas Gas Project Update Curzon Energy plc (LON:CZN) the London Stock Exchange listed oil and gas development company, pursuing a targeted strategy of upstream North American natural gas appraisal and development assets, announces further details on its proposed participation in Pared Energy's Texas Gas Project, first announced on 21 November 2018. Highlights · Curzon intends to participate alongside Pared Energy in the Texas Gas Project focused on properties covering an approximate 75,000 acres target fairway that provide access to the significant potential of the multi-stacked Claiborne Group formation · Texas Gas Project offers multi-TCF potential with up to 1,000ft of over-pressured stacked pay should all horizons prove commercial, with expansion potential in Texas up to 250,000 acres · Attractive drill-ready opportunity seeking to apply advanced drilling and completion technologies to known gas bearing horizons to enhance productivity and ultimate recovery · Initial development plans include 1 vertical and 1 horizontal development well followed by a 3 to 5 well delineation program · Expect gas sales can commence immediately upon well testing · More than 2 BCF surplus pipeline and processing capacity exists in the region · Access to both US & Mexican gas markets as well as a number of LNG processing and export plants under development across the east coast of Texas · Board believes the Texas Gas Project complements existing exposure to coal bed methane assets in Oregon Scott Kaintz, Chief Executive Officer comments: "This exciting project positions Curzon Energy with a very attractive entry point to the Texas gas market with a drill-ready opportunity seeking to apply advanced drilling and completion technologies to known gas bearing horizons where techniques have little changed in many years. We also believe it offers a very complementary position to our existing CBM project in Oregon. We look forward to completing the negotiations around our participation with Pared in the Texas Gas Project over the coming weeks." Texas Gas Project Overview The Texas gas project constitutes a plan to develop a multi-TCF gas position targeting over a 1,000ft of multi-stacked over-pressured Claiborne Group formation along a 250-mile trend that constitutes a conventional gas fairway. The target is a laminated barrier bar sand complex not wholly unlike today's existing barrier bar islands that can be found along the Texas Gulf Coast. The target trend along the Texas Gulf Coast has a cumulative historic production of 5 TCF of gas and 155 million barrels of oil since the early 1940s and can be considered a long-established gas basin. Many vertical wells have been drilled in the Claiborne formation over the years mostly by smaller, local operators. The parties believe that the application of modern drilling, logging, completion & subsurface technologies would allow for significantly enhanced recoveries and allow assessment of the true productivity of the 1,000ft stacked play potential. Historically the Claiborne Group formation has been drilled with vertical wells in Texas, however, the parties believe the opportunity exists to link up multiple sands targeted by historical verticals through the use of horizontal drilling, which has been utilized with success in similar formations. The initial project location benefits from access to significant spare pipeline capacity with three large transmission lines running through the development acreage. An agreement is already in place for up to 40 million cubic feet per day of gas (equivalent) of surplus pipeline capacity for the initial wells. The location of the initial drilling campaign puts the venture within easy access to both US & Mexican Markets as well as number of LNG processing and export plants under development across the east coast of Texas. Staged Development Plan Envisaged It is envisaged the Texas Gas Project will be developed in three phases with the first phase confirming proof of concept followed by two development stages. o Phase 1: Drill and complete 1 x vertical + 1 x horizontal development wells, test, install facilities, produce and acquire data in Q2,2019; following successful results, start delineation efforts and add lease / lease options over an additional more than 15,000 acres. o Phase 2: Drilling of 3 to 5 delineation wells in the trend; expand lease position by 50,000 to 75,000 acres o Phase 3: 20 to 30 well horizontal infill drilling and expansion Planned horizontal wells currently envisioned will be 4,000 to 10,000ft laterals with 30 to 75 frac stages. Curzon Strategy The board believes that the Texas Gas Project supports its strategy to increase Curzon's exposure to US-based, high-impact, onshore gas projects. The Company feels that natural gas will remain a critical transition fuel as the world's economies move towards a decarbonized future. With US gas production and demand expected to grow significantly, US exports of liquified natural gas ("LNG") are also expected to surge. Curzon seeks to offer direct investor exposure to these significant energy market developments |
Posted at 13/3/2019 13:23 by purple11 MR 127687 £250 burnt in 4 mins!this is the calibre of investors that inhabit the bbs. LOL |
Posted at 13/3/2019 11:11 by tomboyb Curzon Energy PLC @CurzonEnergy 17m17 minutes ago More Curzon has laid the foundations for investor exposure to what it considers the best midterm energy play - US natural gas and LNG exports #CZN #Curzonenergy #Naturalgas #USA #Onthemove Get the expertise and Farm-in and then see - Broker note is at 23p - Shareprophets had a target even higher - |
Posted at 13/3/2019 10:54 by purple11 Curzon Energy PLC @CurzonEnergy · 2m2 minutes agoCurzon has laid the foundations for investor exposure to what it considers the best midterm energy play - US natural gas and LNG exports #CZN #Curzonenergy #Naturalgas #USA #Onthemove |
Posted at 05/3/2019 10:10 by tomboyb The Coos Bay asset has historical positive test data; 86 to 419 BCF of contingent resources and up to 1,000 BCF of CBM gas in-place. The previous operator has spent C. $37m to date and has drilled 5 wells and laid 4 miles of pipeline running from these 5 wells, located within 15 metres of the regional pipeline. The project offers other advantages including a 16 year gas price premium to henry hub, and a large LNG terminal in the planning phase nearby.The Company has also announced an MOU with Pared Energy to jointly develop a Texas based gas project. In Texas the Company is working with the team at Pared to prepare for the drilling of appraisal wells to test the application of modern drilling and completion technologies to under exploited and proven reservoirs. The essential thesis here is the application of new technologies to "old" producing areas, with the prize being of multi-TCF size and the ability to scale up this appraisal plan greatly upon successful results. A move into LNG space with both - see interview with ceo - The Directors believe that the Coos Bay CBM project along with the Pared Energy Texas project offer investors a unique proposition with direct exposure to the burgeoning US natural gas production and export revolutions. Current Market cap is 1.0million - FYI |
Posted at 14/7/2018 08:16 by eentweedrie interesting little company this. Looks like a share placing will be done soon - they are presenting at an 'investors' evening, which normally points towards this scenario. aimho dyor |
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