North Sea-focused Trap Oil, an oil and gas exploration and appraisal company focused on the UK Continental Shelf, has raised £4.3 million through a placing on AIM.
DCC Plc, a Dublin-based business support services group, has acquired Shell’s oil distribution business in Denmark, for up to €14 million (£12.3 million).
Privately owned African oil and gas exploration company Ophir Energy has secured £168 million from private investors to finance its drilling programmes until 2009.
