Caerus Mineral Resources plc said it had identified significant copper and gold mineralisation in the dump evaluation programme and general exploration of the Kalavasos project in Cyprus. EVALUATION Gold grades in particular were in 85% of all samples collected and returned anomalous grades. The company added that subject to metallurgical test work, the grades were […]
Month: November 2024
Deltic JV completes Pensacola geophysics survey
Deltic Energy plc and its partner have completed the geophysical site survey over the planned Pensacola gas exploration well site in the southern North Sea. PROGRESS Fugro GB North Marine Ltd, for Deltic and operator Shell UK Ltd, began the survey within licence P2252 on 8 September and finished on 14 September. Interpretation of results […]
Alba extends Dogellau gold field exploration licence
Alba Mineral Resources plc has expanded exploration with additional licences within and adjacent to the Dolgellau gold field in North Wales. LICENCE Alba’s wholly owned subsidiary Dragonfire Mining Ltd has been granted a new option agreement by The Crown to extend its existing exclusive exploration rights. The company said that the new six-year option agreement […]
UKOG completes upgrade at Horse Hill oil field
UK Oil & Gas plc said that a planned two-week production facility upgrade had been completed at its majority owned Horse Hill oil field in Surrey. PRODUCTION This included modifications to prepare the site for automated 24-hour continuous production and installation of the first tranche of permanent facility equipment. The work is required under the Health and […]
Kavango renews LVR prospecting licences in KCB
Kavango Resources plc said it had renewed its prospecting licences PL082/2018 and PL083/2018, known as the LVR project, in the Kalahari Copper Belt (KCB), Botswana. ANALYSIS The joint venture between the company and local company LVR GeoExplorers (Pty) Ltd (LVR) has to date seen Kavango complete stage 1 of an earn-in to acquire 25% of […]
Hurricane production returns to pre-shutdown levels
Hurricane Energy plc announced that production had returned to pre-shutdown levels at its operations in the Lancaster field, West of Shetland. CARGO The company said that the production rate immediately following the annual shutdown was increased leading to the average oil rate for August being higher than in previous months. The 24th cargo of Lancaster oil […]