Power Metal Resources plc said that strong lithium prices and neighbouring mining success had prompted it to continue its earn-in agreement for 100% of the Authier North and Duval East lithium properties in the prolific Val D’Or, Quebec, Canada. PROPERTIES In July 2021, the company’s local subsidiary Power Metal Resources Canada Ltd signed the earn-in agreement with Eagle Ridge […]
Month: November 2024
Harbour finds 390ft gas column in Timpan-1
Harbour Energy plc said it had encountered a 390ft gas column after completing drilling the Timpan-1 exploration well located 150km offshore Indonesia. OPERATIONS The well was drilled to a total vertical depth of 13,818ft subsea. The 390 foot gas column, found in a water depth of 4,245ft, is in a high net-to-gross, fine-grained sandstone reservoir […]
Block secures block XIF in Georgia until 2043
Block Energy plc said it had secured until 2043 the production sharing contract (PSC) licence for block XIF after completing the minimum work programme (MWP) across its oil and gas assets in Georgia. REQUIREMENTS The company received confirmation from Georgia’s State Agency of Oil and Gas (SAOG). Block added it had now completed all MWP requirements across […]
SCZ Grampian appoints Sean Duffy as a director
SCZ Grampian Ltd has appointed Sean Duffy as a director, effective 7 July 2022. The Australian, whose appointment was recorded with Companies House, is the chief financial officer of parent company Scotgold Resources Ltd. SCZ Grampian focuses on the geological exploration of the Dalradian group in the southwest Highlands.
Scotgold reports strongest quarter results at Cononish
Scotgold Resources Ltd said it recorded its strongest quarter yet with record production exceeding guidance at its Cononish gold and silver mine, near Tyndrum in Scotland. PRODUCTION In its operations report for the three months ended 30 June 2022, the Australian company showed increased production to 3,531 ounces gold and 18,382 ounces of silver, a […]
Block Energy production rises and revenue falls
Block Energy plc reported a slight increase in production and fall in revenue during Q2 from its oil and gas operations in Georgia. PRODUCTION The company reported production of 47.2 Mboe (Q1: 46.1 Mboe) at an slightly increased average production of 519 boepd (Q1: 512 boepd) Production was supported by a consistent performance from well […]