Cornish Lithium Ltd today said it had raised £6 million within 20 minutes via a new crowdfunding campaign. The company opened the fundraise to pre-registered investors at 9am.
Day: 15 November 2024
Predator starts drilling MOU-1 gas well on schedule
Predator Oil & Gas Holdings plc said it had started drilling the MOU-1 gas well in the Guercif Basin, northern Morocco. The company began operations at 1am yesterday (20 June) with drilling ahead in progress to the first planned 133/8″ casing point. The well is forecast to take up to 20 days to drill and to […]
UKOG to drill first modern oil appraisal well at Resan-Basur
UK Oil & Gas plc (UKOG) said it expected to start drilling shortly the first modern appraisal oil well at its Basur-Resan oil site in Turkey. The news follows the completion of the Basur-3 appraisal well’s drilling pad and finalisation of the contract for the Oceanmec Karahan ZJ40DZ rig. By midnight on 19 June, 38 related loads […]
UKOG given more time to drill Loxley-1
UK Oil & Gas plc (UKOG) said that it has been granted a two-year extension in which to start drilling the PEDL234 Loxley-1 gas appraisal well in the Weald Basin. The Oil and Gas Authority (OGA) said that UKOG must now begin drilling at the company’s 100% interest project before 31 December 2023. UKOG added that […]