Predator Oil & Gas Holdings plc has suspended drilling of the MOU-2 well after encountering “extremely sticky clays” which prevented wire logs from penetrating further at Guercif, onshore Morocco. RE-EVALUATION The sticky clays are in a geological formation overlying the Moulouya Fan primary objective. The company said it would re-evaluate the drilling programme through the […]
Month: November 2024
Cadence completes sale Yangibana rare earths interest
Cadence Minerals plc said it had completed the sale of its working interests in the Yangibana rare earths project tenements to Hastings Technology Metals. TERMS For its 30% stake the company received AUS$9 million (£5.1m) in 2.45m new ordinary shares in owner and operator Hastings. The shares represent approximately 1.9% of the current issued share […]
First Class Metals receives £15,625 via warrants exercise
First Class Metals plc received £15,625 following notice to exercise warrants over a total of 125,000 ordinary shares. Following admission, the company’s issued share capital will consist of 70,094,589 ordinary shares with voting rights.
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 […]
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 […]
Weardale Lithium appointment ends of Mark Warde-Norbury as director
Weardale Lithium Ltd’s appointment of Mark Warde-Norbury as a director is terminated. Companies House recorded the change effective from 12 January 2023.