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. FAILURE TO COMPLY The authority said that the investigation followed an enquiry which concluded that there was sufficient initial evidence for a full investigation into a potential failure to comply with such consents. The investigation follows the publication in […]
Day: 15 November 2024
CRL identifies further high grade tin west of Redmoor
Strategic Minerals plc announced that its subsidiary Cornwall Resources Ltd has identified further significant high-grade tin in four pit samples west of its main Redmoor deposit. SAMPLES The company confirmed in-situ mineralisation in all four samples with at or near surface tin result in pit CRT04 peaking at 0.68% tin. A revised internally estimated project […]
Kavango finds metal sulphides in deepest ever borehole at KSZ
Kavango Resources plc said it had encountered metal sulphides and completed drilling hole KSZDD001 in the Kalahari Suture Zone (KSZ) in Botswana. GREAT RED SPOT Hole KSZDD001 is the deepest borehole ever drilled into the ‘Great Red Spot’ (GRS) and is the first to recover physical evidence of sulphide mineralisation in the system. Copper sulphide […]
VOG adds additional perforations to well La-108 in Douala
Victoria Oil & Gas plc (VOG) announced an additional 42m of net pay after successfully adding perforations to Logbaba well La-108 at its onshore site in the port city of Douala, Cameroon. PRODUCTION The company’s wholly owned subsidiary, Gaz du Cameroun S.A. (GDC) completed the operations despite thunderstorms with nearby lightening strikes, during which operations were […]
Red Rock issues overview of gold interests
Red Rock Resources plc issued a summary of its gold interests in its natural resource development portfolio in Africa, Australia and South America. ASSETS The company has royalties over its gold interests as well as projects in Africa including a JORC indicated and inferred resource of 15.13 Mt @ 1.49 g/t Au with contained metal […]
Deltic Energy appoints Peter Nicol as NED
Deltic Energy plc has appointed Peter Nicol as non-executive director with immediate effect. Mr Nicol has 40 years’ experience in the energy sector both in industry and senior investment banking positions. He was head of oil and gas research at GMP Securities Europe, global sector director of oil and gas research at ABN Amro […]