Angus Energy plc has received a permission to re-inject waste water into one of the existing boreholes at its onshore oil project in Brockham, Surrey. REQUIREMENTS The Environment Agency (EA) issued a permit variation which stipulates that the waste water must be from the company’s operations at the site. The decision follows public consultation between […]
Month: November 2024
UKOG expects appeal decision in June for Loxley gas
UK Oil & Gas plc (UKOG) expects the final decision in June on its plans for gas appraisal drilling at Loxley, Surrey. RECOMMENDATION The company had appealed against the county council’s refusal to grant permission for exploration wells, and a public inquiry followed during Summer 2021. Earlier in 2022, the secretary of state for levelling […]
Tullow Oil records transformational 2021
Tullow Oil plc said it would follow a transformational 2021 by delivering its long-term business plan for the company’s African oil and gas assets. FINANCES In its full year results for the year ended 31 December 2021, the company recorded revenue of $1,273 million (2020: $1,3960) with gross profit of $634m (2020: $403). Loss after […]
Condor’s drill results show gold continuity at La Mestiza
Condor Gold plc said results from a 8,004m infill diamond drill programme of 96 holes demonstrated continuity in gold mineralisation at La Mestiza open pit at La India project in Nicaragua. DRILL PROGRAMME The company added that results were consistent with previous drilling grades and widths. This shows “excellent” continuity in gold mineralisation between adjacent […]
Corcel progresses PNG cobalt-nickel projects
Corcel plc announced progress with its cobalt-nickel projects in east and southeast Papua New Guinea (PNG). MAMBARE The company said its application for a Mambare mining lease is undergoing its final government review, which was likely to be the last step in the process. Corcel is also advancing the project to direct shipping ore (DSO) […]
Oriole marks ‘bounce-back year’ for Africa gold portfolio
Oriole Resources plc said it had started the year in a strong position after a successful 2021 for its gold portfolio in Africa and copper-gold interests in Turkey. FINANCES In its final results for the year ended 31 December 2021, the company reported funds of £2.43 million to allow £1.78m of direct exploration expenditure in Cameroon. Oriole recorded […]