Parkmead shares up on licence news
Shares in oil and gas company Parkmead were up after the company said it had won three new licenses in offshore blocks.
FTSE AIM 100
3,528.04
15:45 15/11/24
n/a
n/a
FTSE AIM All-Share
728.67
15:45 15/11/24
n/a
n/a
Oil & Gas Producers
8,043.72
15:45 15/11/24
1.32%
105.17
Parkmead Group (The)
11.75p
13:50 15/11/24
0.00%
0.00p
At 1323 BST shares in AIM listed Parkmead were up 4.07% to 11.19p.
Parkmead, which focuses on the UK and Netherlands, said the provisional licences were for the West of Shetland area and in the Southern North Sea.
While Parkmead planned to operate two licences in the West of Shetland, the third licence in the Southern North Sea would be operated by Atlantic Petroleum.