Angus Energy plc hopes to resume drilling into the open hole of the reservoir at Saltfleetby in East Lincolnshire. OPERATIONS Towards the end of November, the company paused operations at the top of the reservoir. Angus today said that despite “relatively slow progress” in casing and cementing it expected to restart drilling early next week […]
Day: 15 November 2024
Serica yet to find commercial results in North Eigg
Serica Energy plc said it was yet to find commercial quantities of hydrocarbons during drilling the North Eigg exploration well in the UK North Sea. OPERATIONS The company drilled well 3/24c-6B to a total depth of 16,728 feet and encountered 16 feet of hydrocarbon-bearing sands. “These have confirmed the presence of hydrocarbons at a deeper […]
Corcel exercises option to acquire Mt Weld REE
Corcel plc has exercised its option to acquire 100% ownership of the Mt Weld rare earth elements project within licence P38/4489 near Laverton in Western Australia. LICENCE The project, covering 171 hectares, lies 1.4 km (0.9 miles) with the granted mineral tenement straddling the mine access road to Lynas Rare Earths Ltd’s Mt. Weld mine. Corcel […]