Red Rock notes the announcement today by Mayan Energy Limited (AIM:MYN) (“Operator”) regarding in part the Company’s investments in the Shoats Creek Field in Beauregard Parish, Louisiana (“Shoats Creek”). Red Rock has a 20% working interest in the Lutcher Moore (“LM”)20 well and certain other wells within in the field.
Energy boost: LGO Energy PLC was a strong performer on news of a relaunch, with a new chief executive appointment and a name change
By JON HOPKINS AT PROACTIVE INVESTORS
There was an oily tint to some of the biggest small cap gainers this week, with Trinidad-based oil and gas firm LGO Energy PLC (AIM:LGO) a strong performer on news of a relaunch, with a new chief executive appointment and a name change.
Neil Ritson stepped-down as LGO’s chief executive and chairman on Wednesday, to be replaced by Leo Koot who joined as the firm’s executive chairman with immediate effect.