Power Metal Resources plc has negotiated early completion of the earn-in to a 100% interest at the Authier North lithium project in Quebec. CASH AND EQUITY The agreement from July 2021 is for Authier North and Duval East in the Val d’Or mining camp approximately 45km northwest of the city of Val d’Or. The company said it had […]
Day: 23 December 2024
Deltic marks rise in estimated Pensacola oil and gas
Deltic Energy plc said the estimated oil and gas resources have nearly doubled for the joint venture (JV) Pensacola discovery on licence P2252 in the UK North Sea. ANALYSIS The company’s post-well analysis now estimates the structure to contain gross P50 initially in place volumes of gas and oil of 342 million barrels of oil […]
Reabold granted more time for Dunrobin-Golspie
Reabold Resources plc has been granted a further two years for the joint venture Innovate licence P2478 containing Dunrobin and Golspie prospects in the northern North Sea. PHASE A The UK North Sea Transition Authority granted the extension to Phase A with a drill decision on or before 14 July 2025. Reabold, with a 36% […]
Altona settles fees with one million shares
Altona Rare Earths plc has issued one million new ordinary shares each at a price of 5 pence to settle fees with business development officer Christian Taylor-Wilkinson. The fees are for services provided in 2021 by Leander PR Ltd of which he is a director. Following the issue of shares, Mr Taylor-Wilkinson owns an interest […]
Predator results show further extension of Moulouya Fan
Predator Oil & Gas Holdings plc said that MOU-4 well drilling results showed the Moulouya Fan anomaly extended farther than previously mapped at Guercif, onshore Morocco. INTERVALS Operations showed mixed findings, with two of four prospects awaiting consultant NuTech wireline logs including the M1 Sand shallow interval from 540 to 589 metres TVD MD, not […]
Hartshead pursues third-party funding
Hartshead Resources NL has taken further steps to secure third-party funding for phase I development on P2607 gas licence in the UK southern North Sea. SURVEYS The Australian company has appointed corporate finance energy sector specialist Carlingford-GFI, extended its mandate with LAB Energy Advisors Ltd, and is exploring “multiple parallel options” to secure funds. Options […]