Power Metal Resources plc said it had encountered nickel enrichment at Molopo Farms Complex nickel-copper-platinum group element (PGE) project in southwest Botswana. ASSAYS The results are from further assays received for hole KKME 1-6, the second of three holes at the project. Nickel enrichment was encountered throughout the entire 7m interval assayed as part of the batch, […]
Day: 15 November 2024
Angus reinterprets Lidsey field with new data
Angus Energy plc said it would use new seismic data to reinterpret and remap Lidsey oil field near Bognor Regis, West Sussex. COMPLETE PICTURE Previous seismic mapping failed to define the reservoir accurately, prompting the company to link the newly acquired data to existing seismic lines across the structure in the vicinity of the two […]
Scirocco JV awards seismic contract for Ruvuma
Scirocco Energy plc said that the seismic acquisition contract has been awarded for the 3,447km2 Ruvuma joint venture (JV) in southeast Tanzania. AGREEMENT JV partner ARA Petroleum Tanzania Limited (APT) awarded the contract to Africa Geophysical Services Ltd (AGS) for the seismic programme. Scirocco holds a 25% working interest in the Ruvuma petroleum sharing agreement […]
Condor assays add confidence at Mestiza
Condor Gold plc has received all assay results from the first phase of infill drilling of 39 holes for 3,372 metres on the Mestiza open pit near La India project in Nicaragua. RESULTS Assay results include: 4.1 m true width at 15.23 g/t gold from 47.80 m (LIDC514) approximately 40m below surface. 3.6 m true width at 29.1 […]
Cairn completes acquisition of Egyptian assets
Cairn Energy plc has completed its acquisition of a portfolio of upstream oil and gas production, development and exploration interests in the Western Desert, onshore Egypt. VALUE The company and its consortium partner Cheiron Petroleum Corporation completed the purchase from Shell Egypt NV and Shell Austria GmbH (Shell). Cairn’s subsidiary, Capricorn Egypt, acquired 50% of […]
Cairn appoints Eleanor Rowley as MD, Egypt
Cairn Energy plc has appointed Dr Eleanor Rowley as managing director, Egypt. The move follows the company’s acquisition of assets in the Western Desert. Dr Rowley was previously vice-president exploration at TotalEnergies for the Middle East, Caspian, North Africa and Southern Europe.