United Oil & Gas plc said it had encountered seven metres of net oil play, in line with the higher end of pre-drill estimates, in the Al Jahraa-14 development well (AJ-14) on the Abu Sennan licence, onshore Egypt. AJ-14 United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. […]
Day: 15 November 2024
Galantas closes $530,000 loan with Ocean Partners
Galantas Gold Corporation said it had closed the US$530,000 (£435,000) loan agreement with Ocean Partners UK Ltd for its operations at Cavanacaw mine in Omagh, Northern Ireland. DIRECTOR ROLE Ocean Partners is closely associated with Brent Omland, a director of the Canadian mining company. Mr Omland is also chief financial officer of Ocean Partners and […]