Premier Oil has lowered its full-year production guidance to 61,000-64,000 barrels per day from previous forecasts of 65-70 kboepd following problems in its biggest producer Catcher oil field. In today’s company results, Premier said it had produced on average 62.5 kboepd for the 10 month period ending 31 October 2020. The hydrocarbon exploration and production […]
Day: 15 November 2024
IOG COO Mark Hughes to retire
Independent Oil and Gas plc has announced that its chief operating officer, Mark Hughes, is retiring for health reasons after a career spanning more than 40 years with Shell, Lasmo, Gaz de France, RWE Dea UK, INEOS Breagh and latterly IOG. Chief executive Andrew Hockey said: “Since he joined IOG in April 2018, Mark has […]
CSM leads pioneering tech-metals circular economy centre
A pioneering new research centre, led by the Camborne School of Mines, aims to revolutionise the extraction, use and reuse of critical metals for clean and digital technologies in the UK. The research will begin with a case study of industries in Cornwall where exploration projects for lithium, tin and tungsten offer the opportunity for […]
Condor Gold to fast track La India into production
Condor Gold’s cash balance increased to £5.5 million for the nine months ending 30 September 2020 compared with £3.6m for the same period in 2019 at its La India project in Nicaragua. In its unaudited results for three and nine months ending 30 September 2020, the precious metals miner added it was fast tracking the […]