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Peninsula Energy Ltd (PEN.AX)

PEN.AX on Australia Stock Exchange

11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Peninsula Energy to exit and sell interests in Karoo projects in South Africa​
Tuesday, 17 Oct 2017 06:03pm EDT 

Oct 18 (Reuters) - Peninsula Energy Ltd ::Company has decided to exit and sell its interests in Karoo projects in South Africa​.  Full Article

Peninsula Energy expects to record certain impairment charges in second half
Wednesday, 30 Aug 2017 06:18pm EDT 

Aug 31 (Reuters) - Peninsula Energy Ltd :Currently reviewing carrying value of assets as part of preparation of financial statements for financial year ended 30 June 2017.Expects to record an impairment charge of between approximately us$25 million and us$35 million in second half of 2017 financial year.Expects to record impairment charge against capitalised exploration & evaluation costs of between us$5 million & us$8 million for fiscal 2017.As respective impairments are non-cash items, they do not have any impact on cash flow or peninsula's existing operations.  Full Article

Peninsula Energy sees qtrly production to be about 30,000 pounds for Lance Projects
Wednesday, 14 Jun 2017 01:52am EDT 

June 14 (Reuters) - Peninsula Energy Ltd :For Lance projects, production in June quarter is expected to be about 30,000 pounds.  Full Article

Peninsula Energy says Wayne Heili has been appointed as Managing Director and CEO
Monday, 27 Mar 2017 06:38pm EDT 

Peninsula Energy Ltd : Asx alert-Chief Executive Officer and board changes-PEN.AX . John (Gus) Simpson will be stepping down from his position as Managing Director and Chief Executive Officer .Wayne Heili has been appointed to role of Managing Director and Chief Executive Officer, effective 3 April 2017.  Full Article

Peninsula energy ltd says further project funding secured
Thursday, 13 Oct 2016 09:25pm EDT 

Peninsula Energy Ltd : Further project funding secured to continue lance projects development . Total proceeds from convertible loans will be mainly used for general well field development activities at lance projects . Entered into agreements with major shareholders resource capital fund vi l.p. (rcf vi) and pala investments ltd (pala) . Final binding agreement nearing completion on us$25m revenue streaming facility .Pala investments ltd continue their support of peninsula by increasing convertible loan facility from us$15m to us$20m.  Full Article

Peninsula Energy says US NRC rules in favour of Peninsula
Sunday, 3 Jul 2016 06:24pm EDT 

Peninsula Energy Ltd : US NRC rules in favour of Peninsula . Says NRC have denied petition to appeal by natural resources defence council and Powder River Basin Resource Council .  Full Article