Altus Strategies plc announced more encouraging with one exceptional high grade results from reverse circulation (RC) drilling at its 100% owned Diba gold project in western Mali. RESULTS Diba hosts a shallow-dipping, near-surface gold deposit and a number of other prospective targets. The RC programme is designed to expand and infill the existing Diba resource, […]
Month: November 2024
Conroy Gold intersects significant zones at Cargalisgorran
Conroy Gold and Natural Resources plc reported “significant” gold intersections from drilling in the Cargalisgorran section of its Clay Lake gold target in Armagh within the Longford-Down Massif, Ireland. THREE ZONES The company added that three gold zones were intersected in a vertical hole drilled to a depth of 103 metres. The intersections were: 1.0m […]
Deltic agrees farm-out for five licences with Cairn
Deltic Energy plc has entered into a binding conditional farm-out for five of its southern North Sea gas licences with Cairn Energy plc. QUALITY The natural gas-focused company signed the deal through Cairn’s wholly owned subsidiary Nautical Petroleum Ltd. Cairn will acquire a 60% interest in P2428 (Cupertino Area) and P2567 (Cadence) and a 70% […]
OGA investigates possible breach of production consents
The Oil and Gas Authority (OGA) has opened an investigation into a possible breach of field production consents, contrary to the requirements of the licences. REPRESENTATIONS The investigation follows an inquiry which concluded that there was sufficient initial evidence to merit a full investigation into a potential failure to comply with such consents. Among other actions, the investigation will gather and assess further information to enable the OGA […]
Angus obtains Saltfleetby equipment but first gas is delayed
Angus Energy plc said that all equipment under firm bids from fabricators and assemblers remained within budget but first gas has been slightly delayed at its Saltfleetby gas field. Only the pipework, low budget accessories and one bespoke dehydration unit are awaiting final quotes. FIRST GAS The company now anticipates first gas at PEDL005 (51% […]
Helium One completes Tai-1A drill
Helium One Global Ltd has completed drilling the Tai-1A exploration well to a depth of 1,121m but poor hole conditions prevented logging below 882m at its 100% owned Rukwa project in Tanzania. KAROO FORMATION The company said that helium shows had been identified in all three target formations and encountered over five intervals in the […]