News Oil & Gas

IGas aims to extend licence for ‘world class’ shale gas

Island Gas Ltd (IGas) has applied to extend by three years the life of its proposed development of shale gas in the village of Misson, North Nottinghamshire. The company said it wanted the extension to allow the Government to consider fully the future of hydraulic fracturing, or fracking, following the moratorium introduced on 4 November […]

News Oil & Gas

Cuadrilla surrenders its Lancashire shale gas permit

Shale gas company Cuadrilla Bowland Ltd has surrendered its exploration permit for the Bowland Basin in Preston, Lancashire. MORATORIUM The Environment Agency (EA) said today that the company, owned by Australian mining and infrastructure company AJ Lucas, had returned the site to a satisfactory state. The EA added that Cuadrilla had also taken necessary steps […]

Metals & Minerals News

Hummingbird to miss gold output targets at Yanfolila

Hummingbird Resources plc said it would not meet its lower end of 2020 production guidance at its Yanfolila gold mine in Mali due to extreme rain and the military coup during August. Total ounces poured year to date as at the end of November were approximately 93,000oz but the company had hoped for 110,000 – 125,000oz. […]

Company Moves Metals & Minerals News

Altona appoints Christian Taylor-Wilkinson as CEO

Altona Energy plc announced that Christian Taylor-Wilkinson has been made Altona’s full-time CEO. Mr Taylor-Wilkinson has represented the board as a non-executive director since 1 February 2019 and interim chief executive since 20 March 2020. The company said that for the past 12 months he has been the main driver of its new rare earths […]

Metals & Minerals News

Alba intersects potential 550m extension at Clogau

Alba Minerals Resources plc said it had intersected a potential 550-metre extension to the Main Lode containing most of the historic production at Clogau-St David’s gold mine in North Wales. The company believes the extension is in westerly direction the Clogau Main Lode and now plans infill surface and underground drilling for confirmation. FIRST PHASE […]

News Oil & Gas

United aims to exceed production guidance

United Oil & Gas plc announced it expected to exceed the previous guidance of 2,300 boepd when the company starts drilling at its joint venture Abu Sennan licence, onshore Egypt. DRILL CAMPAIGN The company said it had awarded an EDC-50 rig contract with low-cost rig rates linked to oil prices. The rig is due to […]