Based on the information released by the NSTA (https://www.nstauthority.co.uk/news-publications/27-licences-offered-in-first-batch-of-33rd-oil-and-gas-licensing-round/) it appears that only offers have been made in the 33rd round. If so, this means the licences stand as potential awards offered to the listed bidders.
Once the permit has been granted, it becomes binding and then needs to be announced to the market. Until then, it's unlikely to have a material effect on share price due to its non-binding nature and therefore isn't price-sensitive (a call that the company needs to independently make).
If anyone cares to delve deeper, they might be able to find a timeline for accepting the offers.
Very good news nonetheless and thanks for the 4 points!
Ann: Quarterly Activities and Cashflow Report, page-34
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| Open | High | Low | Value | Volume |
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