Condor Gold plc received £1 million following notice from its chairman to exercise warrants over 6,666,667 new ordinary shares each at 15p. DIRECTORS’ DEALINGS Galloway Ltd, wholly owned by Burnbrae Group Ltd which is, in turn, wholly owned by Condor’s chairman Jim Mellon gave the notice. Non-executive director Denham Eke is also a director of […]
Day: 11 November 2024
JOG extends Verbier licence by three years
Jersey Oil & Gas plc (JOG) has been granted a three-year extension for the P2170 Verbier licence as it finalises plans for the Great Buchan area (GBA) development. FIELD DEVELOPMENT PLAN The North Sea Transition Authority (NSTA) granted the second-term extension until 29 August 2026, allowing the company and farm-out partner NEO Energy time for […]
Predator begins drilling MOU-4 well at Guercif
Predator Oil & Gas Holdings plc has started drilling the MOU-4 well to appraise the Moulouya Fan on the Guercif licence, onshore Morocco. RIGLESS TESTING The Star Valley Rig 101 began operations on 29 June and will also test the potential for Jurassic carbonate reservoir development within a 126km² structure. After drilling MOU-4, Predator will […]
Alba cleared to dewater lower Llechfraith
Alba Mineral Resources plc has after received permission to dewater and explore its primary target of the lower Llechfraith workings in the Clogau-St David’s gold mine, north Wales. PREPARATIONS The company previously had to resubmit its applications and provide additional information to Natural Resources Wales (NRW) including a “lengthy” habitat regulations assessment (HRA). “Detailed planning […]