Metals & Minerals News

Power Metal board directors buy total 5m shares

Power Metal Resources plc board directors have purchased a total 5 million ordinary shares of 0.1 pence each for 0.7 pence in the company for a total £35,000. Chief executive officer Sean Wade bought 3m ordinary shares and now holds 14,764,705 ordinary shares, representing 0.71% of the company. Non-executive directors Ed Shaw and Bill Brodie […]

Equipment & Logistics News Oil & Gas

Deltic-Shell begin site survey for Selene

Deltic Energy plc’s joint venture partner has begun site survey works for the Selene gas exploration well off the northeast coast of England. RIG LOCATION Operator Shell UK Ltd has mobilised a geophysical site survey vessel to acquire high resolution 2D seismic lines over the proposed well location.  Seismic acquisition is expected to complete before […]