Oil and gas company i3 Energy plc has appointed John Festival as non-executive chairman, effective immediately. Interim chairperson Linda Beal remains as a non-executive director (NED) and chair of the audit and governance committees. Mr Festival has been a NED with i3 since December 2020 when it acquisition Toscana Energy Income Corporation, where he had […]
Month: November 2024
Teathers to be renamed Uranium Energy Exploration
Power Metal Resources plc’s planned new uranium-focused subsidiary Teathers Financial plc will be renamed as Uranium Energy Exploration plc (UEE). LISTING The change will come into force after completion of UEE’s acquisition of Power Metal’s Reitenbach property east of the Athabasca basin in Saskatchewan. The new name will also be used for the subsidiary’s planned listing in London. […]
IGas to work with communities over shale gas
IGas Energy plc said it hoped to work with the Government and communities to produce shale gas at its licences in the UK. SCIENCE The company was responding to today’s message from the Prime Minister on the lifting of the moratorium on hydraulic fracturing in England and a review of energy regulation. “We have always […]
Cuadrilla looks to results ‘as soon as possible’ from hydraulic fracturing
Cuadrilla Resources Ltd said it aimed to work with the Government to generate results as soon as possible from hydraulic fracturing in England. MORATORIUM The company’s issued its statement following Prime Minister Liz Truss’s announcement lifting the moratorium on hydraulic fracturing with production ‘as soon as six months’. The ban, introduced in November 2019, followed […]
CAML appoints Chris Colbourne as Sasa general director
Central Asia Metals plc has appointed Chris Colbourne as the new general director of its Sasa zinc and lead mine in North Macedonia. He replaces Scott Yelland who continues with the company in his role as chief operating officer. Mr Colbourne has 30 years’ technical, operational and management experience which includes 14 years in senior […]
Egdon welcomes lifting of hydraulic fracturing ban
Egdon Resources plc described today’s government approval for hydraulic fracturing as logical and pragmatic in a changing political world. MORATORIUM The company was responding to the announcement by new Prime Minister Liz Truss of the lifting the moratorium introduced in November 2019. The ban followed reported earthquakes at operations by Cuadrilla Resources, now owned by […]