Altona Rare Earths plc said it hoped to start its first exploration work by the end of September in Mozambique. FINANCE In its audited final results for the year ended 30 June 2021, the company also announced that expenditure totalled £733,000 (FY20: £225,985), reflecting Altona’s new strategy of investments into rare earths projects in Africa […]
Month: November 2024
UKOG JV pauses drilling at Basur-3 for new seismic acquisition
UK Oil & Gas plc’s joint venture (JV) partner has paused drilling for new seismic data after a directional drilling assembly became stuck in Basur-3 (B3) appraisal oil well in Turkey. DEVIATED SIDETRACK The directional drilling assembly became stuck after the well reached a drilled depth immediately above the Garzan and Mardin targets, which remain […]
Angus pushes Saltfleetby gas towards production
Angus Energy plc has completed a raft of measures to put Saltfleetby gas field in PEDL005 on course to be recommissioned in December 2021. The company, which holds a 51% interest, has resumed the detailed design of the process facility, which is at an advanced stage. Long lead equipment has been ordered and bespoke processing […]
Angus to appeal against council refusal for short well test at Balcombe
Angus Energy plc said it would appeal against West Sussex County Council’s refusal to allow a short well test at the Balcombe oil field (PEDL244), southeast of Crawley. The company added that it had had further discussions with the local authority whose planning officers had recommended approval. Angus which has a 25% interest in the […]
Angus awaits approval to re-inject water at Brockham
Angus Energy plc said it expected to hear during September from the Environment Agency over its application to re-inject water for reservoir management at the Brockham field PL235 in Surrey. CONSULTATION The hydrocarbon company, which has an 80% interest, added that if the application were approved, a further period of consultation would follow. This would […]
Angus to reinterpret Lidsey before submitting plans for sidetrack
Angus Energy plc said it would conduct surveys and re-interpretations before submitting a planning application for a sidetrack for the onshore Lidsey oil field (PEDL241) near Bognor Regis, West Sussex. TIMETABLE The company, which holds an 80% interest, said that seismic acquisition by Rees Onshore Seismic and Stryde was complete and reprocessing by realtimeseismic.com was […]