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Top 5 Most Read RNS's on Vox Markets for Tuesday 18th October 2022
5. Angle - Streamlining of operations to increase cash runway
Cost savings of c. £2.6 million in 2023 rising to c. £4.0 million per annum thereafter. No significant impact on ongoing operations expected.
4. Gulf Keystone Petroleum - Shaikan Payments Update
Gulf Keystone confirms that a gross payment of $64.8 million ($50.7 million net to GKP) has been received from the Kurdistan Regional Government for Shaikan crude oil sales during June 2022.
3. boohoo group - Notification of Major Holdings
JPMorgan Chase & Co - now hold 5.18% of the company's shares.
2. Baron Oil - Chuditch PSC Extension Granted & Investor Webinar
Baron's wholly owned subsidiary, SundaGas Banda Unipessoal which operates the TL-SO-19-16 Production Sharing Contract, has been granted a six-month extension to Contract Year Two of the PSC.
1. Open Orphan - CFO appointment & change of Board roles
They announces the appointment of Stephen Pinkerton as Chief Financial Officer ("CFO") and as an Executive Director, effective with immediate effect.