Oriole Gold plc has identified “high-grade carbonate material” at Wapouzé but “significantly lower” gold potential than its nearby Bibemi project in northern Cameroon. ROYALTY PAYMENTS A review of historical data showed the potential for “cement-quality limestone” with 13 of 14 rock chip samples from outcropping limestone suitable for the country’s £700 million cement industry. The […]
Day: 11 November 2024
i3 Energy CFO purchases 200,000 ordinary shares
i3 Energy plc chief financial officer Jason Dranchuk has bought 200,000 ordinary shares of 0.01 pence each in the company, at a price of C$0.215 per share. The purchase, on 22 and 25 September 2023, takes Mr Dranchuk’s total beneficial interest to 200,000 ordinary shares, representing 0.02% of the company’s issued share capital.
Oil-based fluids to boost West Newton flow rates
Reabold Resources plc said that the Environment Agency had approved the use of oil-based drilling fluids during drilling and testing the West Newton B-2 well. FUNDING The variation of the permit for the West Newton B well site allows joint venture partner and operator Rathlin Energy (UK) Ltd to use oil-based fluids within the Permian […]