Predator Oil & Gas Holdings plc has completed its acquisition of operator T-Rex Resources (Trinidad) Ltd and 83.8% of the Cory Moruga licence, onshore Trinidad. SNOWCAP The licence includes the Snowcap discovery, with oil previously produced on test from the Snowcap-1 and Snowcap-2ST wells. Over the next three years, Predator will re-enter Snowcap-1 to bring […]
Day: 11 November 2024
Reabold receives requisition notice for general meeting
Reabold Resources plc has received a requisition notice from Pershing Nominees Ltd for a general meeting to replace the oil and gas company’s directors. CONTROL The move, on behalf of 13 shareholders representing a total 7.84%, contains ordinary resolutions that Kamran Sattar, Andrea Cattaneo, Francesca Yardley and Chris Connolly be appointed directors of Reabold. Further resolutions […]
Wressle-1 resumes production with down-hole jet pump
The Wressle-1 well has been brought back into production at the joint venture within PEDL180/192 oil field in Lincolnshire. SALES Project partners comprise operator Egdon Energy plc (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (Holdings) plc (30%). Union Jack and Europa said that the down-hole jet pump, installed in October, and […]
Scotgold director and largest shareholder resigns
Scotgold Resources Ltd’s largest shareholder and director has resigned after nearly 10 years over conflicting interests with the company. REGRET Nathaniel le Roux is the major secured creditor of the company’s subsidiary, SGZ Cononish Ltd operating the gold-silver mine near Tyndrum. Scotgold, which is considering going into administration after financing talks failed, is evaluating the […]