Ascent Resources plc announced it had signed a binding damages-based agreement for its arbitration claim against the Republic of Slovenia. ARBITRATION Ascent said that the agreement was with Enyo Law LLP who filed the notice of dispute and represented the company in the pre-arbitration negotiations. The agreement will start arbitration proceedings against Slovenia under the […]
Day: 15 November 2024
Power Metal investee Katoro raises £815,000
Power Metal Resources plc’s investee Katoro Gold plc has raised £815,000 from a placing of 81,500,000 new ordinary shares at 1 pence per share, of par value £0.01 each. Power Metal holds a direct 35% interest in the company as well as 10,000,000 shares and 10,000,000 warrants.
Deltic completes farm-out with Cairn
Deltic Energy plc has completed the farm-out of five of its southern North Sea gas licences with Cairn Energy plc. SEISMIC Both companies have received approval from the Oil and Gas Authority and entered into joint operating agreements for licences. The agreement, through Cairn’s wholly owned subsidiary Nautical Petroleum Ltd, was first announced in August […]
Neptune to help stranded dolphins, porpoise and whales
Neptune Energy is to help rescue and support further understanding of stranded dolphins, porpoise and whales on the Dutch coast and surrounding countries. PARTNERSHIP The company has started a new partnership with the SOS Dolfijn Foundation, and share its advanced emergency response systems and expertise to help rapidly mobilise teams of volunteers to provide aid […]