News Oil & Gas

Neptune begins drilling Adorf Z18 production well

Neptune Energy said that drilling began today at its operated Adorf Z18 gas production well in the municipality of Georgsdorf, northwestern Germany. ADORF FIELD The well is being drilled by KCA Deutag, with final depth of around 4,700 metres expected to be reached in June this year. The Adorf Carboniferous gas field (100%) was discovered […]

Metals & Minerals News

Horizonte submits environmental studies for Vermelho

Horizonte Minerals plc has submitted environmental studies for its 100%-owned Vermelho nickel-cobalt project in northeast Brazil. PRELIMINARY LICENCE The company completed the environmental and social impact assessment (EIA) and the associated Relatório de Impacto Ambiental (RIMA) for the Pará State Secretariat for Environment and Sustainability (SEMAS). Horizonte said it hoped to receive approval for the EIA/RIMA […]

Company Moves News Oil & Gas

Capricorn senior directors leave

Capricorn Energy plc’s senior directors have left their posts and the company has postponed its general meeting (GM) on proposals to merge with Israeli firm NewMed Energy Ltd. NEW DATE The moves follow demands from shareholder Palliser Capital plc which has since December 2022 objected to Capricorn’s plans for the merger and has also called […]