Resources

Meet your Resources Research team

Barryroe Offshore Energy plc

Lease undertaking update

Barryroe has released a statement saying that it has received a letter from the Department of the Environment, Climate and Communications (DECC) confirming that it cannot grant the...

Kenmare

Capital Markets Day statement

Ahead of its Capital Markets Day later today, Kenmare has released a statement outlining the expected capex associated with relocating WCP A, which is in line with our expectations, as...

Tullow Oil

Tax claims referred to international arbitration

Tullow has announced that it has filed two disputed tax assessments made by the Ghana Revenue Authority (GRA) for arbitration with the International Chamber of Commerce in London....

Kenmare

Guidance update

Following some unexpected issues with the electricity grid and associated power outages, Kenmare now expects 2022 ilmenite production to be 2.7% below our forecast. However, shipments...

Barryroe Offshore Energy plc

Execution of funding agreement

Barryroe has confirmed that the funding agreement, announced as being finalised on November 22nd with Vevan Unlimited Company (Vevan), has now been executed. The funding can be used...

Barryroe Offshore Energy plc

Funding requirements from DECC have been met

Barryroe has announced that it has agreed a funding arrangement with a key shareholder, Vevan Unlimited Company, to underwrite the entire funding costs associated with the work...

Barryroe Offshore Energy plc

Financial Capability Assessment

Barryroe confirmed on October 31st that it has had correspondence with the Department of the Environment, Climate and Communications (DECC) regarding its Lease Undertaking...

Kenmare

New forecasts and sensitivities

We upgrade our Kenmare forecasts for 2022/2023 and introduce new forecasts for 2024. We continue to conservatively model a decline in commodity prices through 2024 due to macro...

Barryroe Offshore Energy plc

H1 2022 results statement

Barryroe Offshore Energy’s (BEY) interim results re-state the contribution that the Barryroe field can make to energy security in Ireland, facilitate the energy transition period and...

Kenmare

Appointment of new Financial Director

Kenmare has announced that Tom Hickey has been appointed as the new Financial Director to replace Tony McCluskey, who previously announced that he is retiring. This appointment is...