Altus Strategies plc has signed an amended joint venture and earn-in agreement (JVA) to cover a broader licence area and retain a 100% interest in the Lakanfla gold project in Mali. AGREEMENT The agreement with partner Marvel Gold replaces the original from June 2020. It now comprises the Tabakorole gold project (100km2) and two contiguous […]
Day: 15 November 2024
Serica doubles cash on gas price and production rise
Serica Energy plc said it reached 85% production and doubled its cash following high gas prices and the introduction of Rhum R3 well and Columbus field in the North Sea. PRODUCTION In a corporate presentation for the year ended 31 December 2021, the company reported that the Rhum R3 well, put into production in late […]