Angus Energy plc has restarted oil production and water reinjection at the Brockham oil field within PL235, in the Portland reservoir, near Dorking in Surrey. OPTIMISATION The company added that current average rates of production from the BRX2-Y well were 50 barrels of oil per day with an approximately equal amount of formation water produced […]
Day: 15 November 2024
Red Rock-Power Metal granted more licences
Red Rock Resources plc and Power Metal Resources plc joint venture has been granted three further exploration licences in the Victoria gold fields of Australia. EXPLORATION Red Rock Resources Australasia Pty Ltd (RRAL)’s subsidiary is New Ballarat Gold Corporation plc (NBGC). Red Rock holds 50.1% and Power Metal owns 49.9% in NBGC which now has 14 […]