Oil, Gas Roundup

Range Resources (LON:RRL) says 3,000,001 unlisted options exercisable at £0.015 on or before 30 November 2016, and 5,153,846 unlisted options exercisable at £0.013 on or before 30 November 2016 have expired. None of these options was exercised prior to expiration.

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Northern Petroleum (LON:NOP) says H2P, Cavendish Asset Management, City Financial and one further institution have conditionally agreed to subscribe for subscription shares raising proceeds of up to £5.1 million in aggregate at a price of 3.5 pence per subscription share.

The investors have agreed to subscribe for a total of 124,047,017 First Tranche Subscription Shares and H2P and Cavendish Asset Management will then subscribe, once the results of the Open Offer are known, under the Second Tranche Subscription, for up to 20,600,000 Second Tranche Subscription Shares to maintain a shareholding of 29.99 per cent. and 19.0 per cent. respectively.

The subscription is conditional on the passing of the Resolutions and the Subscription Agreements becoming unconditional in all respects.

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Bowleven (LON:BLVN) bought back 118,780 ordinary shares yesterday at pries ranging from 25.02p to 24.59p apiece to be held in treasury.

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The sector's biggest risers were Enquest (LON:ENQ) and Serica Energy (LON:SQZ) - up by more than 16.3% and over 12.9% respectively. The biggest fallers were Nostra Terra Oil & Gas (LON:NTOG) and Xtract Resources (LON:XTR) - down by over 11.2% and more than 11.1% respectively.

At 4:28pm:

(LON:AUR) Aurum Mining PLC share price was 0p at 4.6p

(LON:BLVN) BowLeven PLC share price was -0.25p at 24.75p

(LON:BOR) Borders Southern Petroleum PLC share price was +0.07p at 2.61p

(LON:CHAR) Chariot Oil Gas Ltd share price was +0.42p at 8.13p

(LON:ENQ) EnQuest Plc share price was +4.88p at 34.63p

(LON:GKP) Gulf Keystone Petroleum share price was +0.03p at 1.21p

(LON:GPX) Gulfsands Petroleum PLC share price was 0p at 5.5p

(LON:INDI) Indus Gas Ltd share price was -0.12p at 287.38p

(LON:NOP) Northern Petroleum PLC share price was 0p at 3.5p

(LON:PET) Petrel Resources PLC share price was +0.13p at 5.75p

(LON:RKH) Rockhopper Exploration PLC share price was +0.75p at 22.25p

(LON:RPT) Regal Petroleum PLC share price was +0.01p at 3.74p

(LON:RRL) Range Resources Ltd share price was +0p at 0.36p

(LON:SQZ) Serica Energy PLC share price was +1.75p at 15.25p