Rathlin Energy (UK) Ltd said it had mobilised equipment to complete and test the West Newton B-1Z (WNB-1Z) sidetrack well in East Yorkshire. The site operator added that a workover rig, well test package, Certified Ultra-Low Emission Burners, a wireline unit and other related materials will be set up during the first week of operations. […]
Month: November 2024
UKOG completes purchase of equipment for Horse Hill oil
UK Oil & Gas plc (UKOG) announced it had paid the final instalment to PW Well Test Ltd for surface production equipment at Horse Hill oil field in Surrey. In July 2020, the company bought the equipment from PW for £1.65 million. This would be paid in three equal instalments of £550,000 either wholly in […]
Red Rock hopes high for Luanshimba drilling
Red Rock Resources plc said it had nearly completed preparations for a drill campaign at its 80%-owned copper and gold targets at the Luanshimba project in the Democratic Republic of Congo. The project, situated 65 km south-east of the provincial capital of Lubumbashi in Haut-Katanga, is in a 420 hectare prospecting licence (PR13513) in the […]
Power Metal takes next step to Paterson acquisition
Power Metal Resources plc announced it had established a new UK private company for its pending acquisition of copper-gold interests in the eastern Pilbara region of Western Australia. PROJECTS The special acquisition vehicle, FDR UK, will acquire outright First Development Resources (Pty) Ltd (FDR Australia) in the Paterson Province, subject to conditions. The transaction covers […]
Alba to cut oil interests as losses rise
Alba Mineral Resources plc sid it planned to cut its onshore oil interests to focus on Clogau-St David’s gold mine in North Wales. HORSE HILL Results for year ended 30 November 2020 showed losses of £2,079,537 (2019: £1,312,40) while cash and equivalents increased to £1,512,031 (£211,333). Alba plans to reduce its investment in Horse Hill […]
Deltic-Shell award Pensacola survey contract
Deltic Energy plc and partner Shell UK Ltd have awarded the contract for geophysical and geotechnical site survey works over the Pensacola prospect in the UK southern North Sea. RESOURCE Fugro GB North Marine Ltd will begin the work on licence P2252 at the end of July and finish during Q3 in preparation for the […]