Caerus Mineral Resources plc has sold its non-core Black Pine nickel-cobalt project and associated licences for £500,000 to Aeramentum Resources Pty Ltd. PROJECT Caerus said that the four Black Pine licences, comprising nickel, cobalt and copper, had no exploration expenditure budgeted in the near future. The company added that although nickel-cobalt were essential battery metals, they were not […]
Month: November 2024
IOG signs gas sales agreement with Gazprom
IOG plc has signed a gas sales agreement (GSA) with Gazprom Marketing & Trading Ltd (GM&T) for its reserves in the UK Southern North Sea. The deal, which encloses a mutual extension option, followed a competitive off-take process involving more than 10 bidders over recent months. AGREEMENT The GSA relates to IOG’s equity production for […]
Anglesey appoints Jonathan Battershill as CEO
Anglesey Mining plc has appointed Jonathan (Jo) Battershill as new chief executive, replacing Bill Hooley, and a director with effect from 1 August 2021. The group also hopes to appoint in the coming weeks two non-executive directors. Mr Battershill, 50, is a mining geology graduate from Camborne School of Mines and has extensive operational and financial […]
Anglesey Mining CEO Bill Hooley to step down
Anglesey Mining plc announced that chief executive Bill Hooley is to step down after 15 years in the role and become deputy chairman effective from 1 August 2021. He became the company’s CEO in 2006 and has overseen operations for Parys Mountain as well as being president of Labrador Iron Mines. Mr Hooley directed the […]
Egdon completes proppant squeeze at Wressle-1 well
Egdon Resources plc has completed the proppant squeeze operation on the Ashover Grit reservoir interval in the Wressle-1 oil well, North Lincolnshire. The oil and gas joint venture project in licences PEDL180 and PEDL182 comprises the operator Egdon (30%), Union Jack Oil (40% economic interest) and Europa Oil & Gas (Holdings) plc (30%). INSPECTION A […]
Block reaches second casing point for WR-B1
Block Energy plc today said that well WR-B1 had successfully reached the 9 ⅝” casing point and remains on target in its 100% West Rustavi oil and gas field, Georgia. The casing has been installed and cemented in place at the top of the Middle Eocene reservoir. The reservoir was encountered within two metres of […]