News Oil & Gas

UKOG exits Arreton to spend £0.5m appeal costs on new ventures

UK Oil & Gas plc (UKOG) has ruled out appealing against planners’ refusal for the appraisal and testing of the Arreton discovery on the Isle of Wight. NEW OPPORTUNITIES In its annual review and accounts for the year ended 30 September 2021, UKOG said that the council’s decision to refuse permission was “disappointing but not […]

Metals & Minerals News

Power Metal notes prospectivity of Athabasca assets

Power Metal Resources plc said that a technical review showed considerable uranium prospectivity at four of its properties surrounding the Athabasca Basin in Saskatchewan, Canada. HISTORICAL DATA Through its wholly owned Canadian operating companies, Power Metal holds seven 100% owned uranium focused properties covering 417.24 km2 (41,724 hectares). The company retained a geological consultant and accelerated technical […]

Company Moves Metals & Minerals News

Horizonte appoints Gillian Davidson as independent NED

Horizonte Minerals plc has appointed Gillian Davidson as independent non-executive director to the board with immediate effect. Ms Davidson has more than 25 years’ experience in the extractives and natural resources sectors. She is an independent sustainability advisor and currently serves as a non-executive director on the boards of Central Asia Metals plc and Lundin […]

Company Moves Metals & Minerals News

Horizonte appoints Vincent Benoit as NED

Horizonte Minerals plc has appointed Vincent Benoit as non-executive director with immediate effect. Mr Benoit has more than 30 years’ corporate finance, business development and M&A experience in the mining, telecom and energy sectors. He identified the opportunity to buy La Mancha and joined the company as head of strategy & business development in 2012. […]

Company Moves News Oil & Gas

EnQuest appoints Salman Malik as CFO

EnQuest plc has appointed Salman Malik as chief financial officer (CFO) and an executive director. Mr Malik is currently the company’s managing director – corporate development, infrastructure and new energy as well as a member of the executive committee. He will succeed Jonathan Sweeney who is due to join Tullow Oil plc later his year. […]