Hurricane Energy plc announced that John Wright has agreed to step down from the role of interim chairman. The move is in connection with a request from activist investor Crystal Amber Fund Ltd to appoint Juan Morera to the board as non-executive director (NED). Hurricane said it anticipated that Mr Morera would join the board on completion […]
Month: November 2024
Power Metal mulls sale of Reitenbach at Athabasca
Power Metal Resources plc said it was reviewing strategies, including a sale, for its Reitenbach uranium property at Athabasca in northern Saskatchewan, Canada. STRATEGY The company has also recruited a uranium-focused team member to advance its interests. Reitenbach (146km2) is one of Power Metal’s seven 100% owned interests in its Athabasca portfolio covering a total […]
Helium One starts ERT survey on identified targets
Helium One Global has started to investigate identified surface helium anomalies and to image priority areas at Rukwa in Tanzania. ERT SURVEY The company is also using an electrical resistivity tomography (ERT) survey for the operations. Specific priority areas were identified in Phases I and II 2D seismic and surface helium anomalies were identified in […]
UKOG to transport own casing stocks to Basur-3
UK Oil & Gas plc is preparing to transport its wholly owned casing stocks to use in the Basur-3 mechanical sidetrack (B-3S) in Turkey. DRILLING The company said using its own casing in B-3S would reduce the net drilling cost and capital expenditure and remove further storage costs. Drilling of B-3S is scheduled to start […]
Oriole appoints Eileen Carr as non-executive chairman
Oriole Resources plc has appointed Eileen Carr to the board as non-executive chairman effective from 17 February 2022. She will replace John McGloin who is leaving to become chief executive officer of Diamond Fields Resources Inc. Ms Carr is a chartered certified accountant with more 30 years’ of experience in worldwide, large-scale mining operations. She was […]
IGas appoints Kate Coppinger to the board as independent NED
IGas Energy plc has appointed Kate Coppinger to the board as an independent non-executive director (NED) with immediate effect. Ms Coppinger is currently a NED at Serica Energy plc and has more than 20 years’ experience advising energy companies on M&A and strategy. She will be a member of the audit and remuneration committees at […]