Helium One Global Ltd reported consistent elevated helium shows, over twenty times above background, while drilling the Itumbula West-1 well on the Rukwa licence in Tanzania. EVALUATION Drilling in the Lake Beds Formation, Red Sandstone Group, Karoo Group and Basement targets yesterday, reached a total depth of 961m measured depth. Helium shows increased in frequency […]
Day: 11 November 2024
United to focus on Jamaica and UK after Egypt exit
United Oil & gas plc said it would focus on its assets offshore Jamaica and onshore UK after it has left Egypt. 2024 The company holds a 26.25% working interest in licence PL090 in Dorset containing the Waddock Cross oil field, operated by majority owner Egdon Resources. During 2020, Egdon completed reservoir modelling work on […]
Capricorn appoints COO and CFO
Capricorn Energy plc has appointed Geoff Probert as chief operating officer and Edward Ok as chief financial officer. The company said in its pre-close report that both brought “deep industry experience and strong relationships in Egypt, coupled with strategic, financial and operational leadership.” Capricorn is due to publish its full 2023 results on 14 March.