Egdon Resources plc recorded a further increase in revenue and progress across all its offshore and onshore oil and gas assets. WRESSLE The company’s general meeting business report showed unaudited revenue for the five-month period from August to December 2022 of £3.08 million (2021: £2.07m). At the Wressle joint venture (30%) within PEDL180 and PEDL182, […]
Month: November 2024
Harbour to cut UK investment and jobs
Harbour Energy plc said that increased UK tax rates on oil and gas had prompted it to reduce its future activity and investment in the country, including job cuts, and plan more international growth. DECREASED EXPENDITURE In the company’s unaudited trading and operations report for the year ended 31 December 2022, chief executive Linda Cook […]
Baron submits JV bid in 33rd licensing round
Baron Oil plc said it had, as a joint venture non-operating partner, submitted an application in the UK offshore 33rd Round of licensing, conducted by the North Sea Transition Authority (NSTA). POTENTIAL The company said its bid was in line with its strategy to acquire “significant equity stakes” in potentially high impact oil and gas […]
Tertiary receives improved soil samples results for Jacks copper
Tertiary Minerals plc reported that laboratory checks had enhanced previous provisional results of portable XRF (pXRF) analyses taken in the field on soil samples from the Jacks copper project in Zambia. RATIOS The company said that laboratory check multi-element analytical results for 107 soil samples from four sample grids showed “excellent correlation” with field pXRF […]
Tertiary notes environment brief approval for Mushima copper
Tertiary Minerals plc’s local partner and licence holder Mwashia Resources Ltd has received approval of the environmental project brief (EPB) for its Mushima North copper projects in Zambia. MUSHIMA The project, together with the Mukai project in Zambia has a data sharing and technical agreement with global copper producer First Quantum Minerals Ltd. Tertiary is […]
Conroy Gold step-out drilling continues to extend mineralisation at Clontibret
Conroy Gold and Natural Resources plc said assay results from three further drill holes demonstrated a 375 metre extension to the northeast of the Clontibret deposit in County Monaghan, Ireland. STEP-OUT PROGRAMME In April 2022 the company, with Turkish joint venture partner and operator Demir Export SA began step-out drilling comprising eight holes. Today’s results […]