Hurricane Energy plc said investment allowances could offset its forecast £5 million bill under the new energy profits levy (EPL) from its operations at the Lancaster field, west of Shetland. ENERGY PROFITS LEVY In its monthly financial and operational report of 31 May 2022, the company added it was unable to determine the full impact […]
Day: 15 November 2024
Kavango-Power Metal start fourth Ditau drill hole
Kavango Resources plc said it had completed the third diamond drill hole on the i1 target and started drilling the next target at the Ditau Camp joint venture (JV) rare earth element (REE)-base metal project in southwest Botswana. DITAU CAMP The 50-50 JV, under the name of Kanye Resources, is between Kavango as the operator […]
EnQuest chairman Martin Houston to step down
EnQuest plc’s non-executive chairman Martin Houston is to step down to focus on his other business interests. Mr Houston, who has held the post since 1 October 2019, will leave once the company finds a successor. EnQuest said that under Mr Houston’s leadership, the company made good progress against its strategic objectives, particularly with year-end […]