Victoria Oil & Gas plc (VOG) said its financial situation was precarious after being ordered to pay $12 million to its partner, suspension of trading, and its inability to raise funds until a resolution is found. OPERATIONS The company’s wholly owned subsidiary Gaz du Cameroon S.A. (GDC) produces and distributes onshore gas in the port […]
Month: November 2024
VOG seeks alternative rig provider for Matanda
Victoria Oil & Gas plc (VOG) said it was seeking an alternative rig provider for well operations at the Matanda onshore gas block in the port city of Douala, Cameroon. CONTRACTS The company, which is still suspended from trading on AIM due to financial uncertainty, produces and distributes gas through its wholly-owned subsidiary Gaz du […]
Weardale Lithium appoints Julian Hammond as a director
Weardale Lithium Ltd has appointed Julian Hammond as a director. Companies House recorded the appointment effective from 6 October 2022.
Conroy Gold intersects 33.2m gold zone in stockwork at Clontibret
Conroy Gold and Natural Resources plc reported an intersection of 33.2m gold zone within the stockwork, grading 0.8 g/t gold, at its joint venture operations at the Clontibret deposit in Co. Monaghan, Ireland. RESULTS Today’s assay results are from the fourth of eight holes in a drill programme for 3,000m. Turkish partner and operator Demir […]
Ascent to receive further revenues from Slovenia JV
Ascent Resources plc today said it had reached an agreement over further hydrocarbon revenues from the joint venture (JV) operations within the Petisovci concession area in Slovenia. DISPUTES The legacy disputes are between the company and its Slovenian JV partner Geoenergo and the JV operating service provider Petrol Geo. In August 2022, Ascent received its […]
FCM notes high-grade assays at West Pickle Lake
First Class Metals plc (FCM) reported high grade results from its Pickle Lake nickel project in Ontario, Canada. PROSPECTIVITY Partner Palladium One has the option to earn-in to an 80% undivided working interest in the project, subject to a three-year work programme commitment. The project, comprising 33 single cell mining claims, sits on the eastern […]