United Oil and Gas plc announced the start of its 2021 drilling campaign with the ASH-3 development oil well in the Abu Sennan licence in the Western Desert, Egypt. SCHEDULE Kuwait Energy Egypt began operations on 4 January at the licence in which United holds a 22% working interest. The hydrocarbon exploration, development and production […]
Month: November 2024
Botswana SJV completes initial orientation for REEs
The rare earth elements 50-50 strategic joint venture between Kavango Resources plc and Power Metal Resources plc has completed the first stage of orientation work at Ditau Camp, Botswana. The work included geophysical and geochemical surveys at the site covering two prospecting licences of PL169/2012 and PL010/2019. Power Metal said that orientation work was conducted […]
JOG settles TGS dispute with $850,000 payment
Jersey Oil & Gas (JOG) has paid $850,000 in a settlement with TGS-Nopec Geophysical Company (TGS). The payment leaves the North Sea hydrocarbon exploration and production company with some £5 million at the end of December 2020. TGS had wanted uplift payments from JOG of $1.05million, which was disputed by the company. The money is […]