News Oil & Gas

Egdon revenues rise by 530% on Ceres-Wressle success

Egdon Resources plc reported a 160% increase in production and more than 530% rise in oil and gas revenues mainly from onshore oil production at Wressle in North Lincolnshire and offshore Ceres gas field. FINANCES The company’s preliminary results for the year ended 31 July 2022 showed revenues of £6.91 million (2021: £1.09m) following “significantly […]

News Oil & Gas

Predator sets date for drilling MOU-2 well

Predator Oil & Gas Holdings plc expects to start drilling within the first two weeks of December the MOU-2 well at the Guercif onshore gas operations in Morocco. PREPARATIONS The exact date drill date will be determined by customs clearance of all pre-ordered drilling materials from Canada, Egypt, France, the Middle East and the UK. […]

Finance News Oil & Gas

Predator issues 17m share options to directors

Predator Oil & Gas Holdings plc has issued a total 17 million options over new ordinary shares under the company’s existing option scheme to three directors. PDMRs The board’s remuneration committee resolved to award non-executive director Carl Kindinger with 2,000,000 options; executive chairman Paul Griffiths, 7,500,000 options; and managing director Lonny Baumgardner, 7,500,000 options. Options issued […]

Metals & Minerals News

GreenRoc tests confirm Amitsoq graphite suitable for EV batteries

GreenRoc Mining plc’s latest test programme confirmed that its Amitsoq graphite is suitable for refining into spherical graphite used to manufacture electric vehicle (EV) batteries. SPHERICAL GRAPHITE Spherical graphite is used in the production of the anode material in EV batteries.  “The anode sector is the fastest growing market for graphite and the ability to […]