Damon Neaves

Corporate lawyer Damon Neaves co-founded oil explorer Pura Vida Energy, which went on to become the best performing initial public offering for 2012.

Oil and gas exploration play Pura Vida Energy will tap investors and financiers for up to $12 million, to fund the ramp-up of drilling activities at its newly-acquired Nkembe block, off the coast of Gabon, as well as retire short-term debts.

Perth-based oil and gas exploration firm Pura Vida Energy has lined up $7 million to progress works at its Nkembe block, off the coast of Gabon.Pura Vida today announced it would place 12 million shares, priced at 58 cents each, to clients of Harleys Limited and RBS Morgans.

Junior oil and gas company Pura Vida Energy has named Jeff Dowling as its new chairman and Ric Malcolm as a non-executive director, with current chairman Bevan Tarratt to resign from the board.

Pura Vida Energy has made further progress for its African offshore oil projects, and announced a placement raising $13.5 million.

Last month’s huge oil discovery off the Pilbara coast, which could be the largest local find in 30 years, has already provided West Perth junior Carnarvon Petroleum with a significant boost to its share price.

Perth-based explorers Pura Vida Energy and Primary Gold have announced their intention to raise capital to fund their respective projects.

Shares in Perth-based African oil explorer Pura Vida Energy took a hit today, dropping more than 50 per cent after it advised that a key exploration well in Morocco had produced disappointing results.

Local oil explorer Pura Vida Energy has slashed director salaries and accepted the resignation of chairman Jeff Dowling as it seeks to further cut costs to preserve cash holdings.

Birimian has appointed Michael Langford and James McKay as non-executive directors, following the retirement of Winton Willesee and Hugh Bresser from the board.

Hugo Schumann has been appointed executive director of Apollo Minerals.  Mr  Schumann is an experienced mining executive and worked with Apollo Minerals on its acquisition of the remaining 20% of the Couflens Project, the now-completed acquisition of the Aurenere Project in Spain, and t

Yitzchac (Issy) Livian has resigned as executive director of HearMeOut. Mr  Livian is one of the founders of the HearMeOut platform and associated business, and will remain with the company as vice president, business development.

Zane Lewis has been appointed non-executive director of Tap Oil. He replaces Damon Neaves who has resigned from the board.