Kistos Holdings plc expects “sub-commercial” gas from a discovery from the Benriach exploration well in the Greater Laggan Area, west of Shetland. VOLUMES Kistos holds a 25% non-operated working interest in licence P2411 with operator TotalEnergies (50%) and Rockrose Energy (25%). The Transocean Barents rig mobilised from Olen and spud the well on 21 March, reaching […]
Month: November 2024
Anglesey nears first Northern Copper zone infill drill
Anglesey Mining plc has started preparations for the first infill drilling in nearly 50 years into the Northern copper zone (NCZ) at Parys Mountain on the Isle of Anglesey. EXTENSIONS The company has begun the design, planning and logistics to drill six holes for 3,700m to infill portions of the current resource and verify historical […]
Baron proposes Andrew Butler as director Asia Pacific
Baron Oil plc proposes to appoint of Dr Andrew (Andy) Butler to the board as director Asia Pacific, expected to be effective from 1 July 2023. Dr Butler has more than 27 years’ experience in the oil and gas sector and is the chief executive officer of SundaGas Pte Ltd which he co-founded in […]
Union Jack director buys 133,400 shares
Union Jack Oil plc executive director Joseph O’Farrell has purchased 133,400 ordinary shares of 5p each in the company at a weighted average price of 31.25p each. Following the purchase for £41,685, Mr O’Farrell owns 2,031,314 ordinary shares, equal to 1.80% of the total issued share capital.
Red Rock granted first licence in Côte d’Ivoire
Red Rock Resources plc has been granted its first licence in Côte d’Ivoire with the Djekanou gold project located south of the capital Yamoussoukro. SHEAR ZONE The company’s subsidiary LacGold Resources Sarlu has an initial four years for the licence, covering 344.5 km2, in the department of Djekanou and nearby. The licence is one of […]
FCM pans gold from Dead Otter trend
First Class Metals plc (FCM) has observed and panned gold from grab samples on the Dead Otter trend at North Hemlo in northwest Ontario, Canada. CONFIDENCE The company added that a number of gold flecks were seen in the ‘tail’ in the panning dish. “This is significant in not only proving the presence of gold […]