Europa Oil & Gas (Holdings) plc reported a 716 bcf rise in unrisked prospective resources in EG-08 block, offshore Equatorial Guinea. EXPLORATION The increase, identified from technical data of the O-2 well drilled in 2007 by Noble Energy, takes the total gross unrisked mean prospective resources to 2.116 tcfe. Since Europa invested 42.9% stake in […]
Month: December 2024
Kavango confirms mineralisation at Karakubis
Kavango Resources plc said it had confirmed copper-silver mineralisation in the first high priority target at the Karakubis copper project in Botswana’s Kalahari copper belt. MODELLING Analysis of core also showed “further indicators of structural trap sites” and “validated” the company’s modelling of the KCB. Results also confirmed the project’s prospectivity for “large-scale copper/silver deposits”, […]
Scirocco appoints voluntary liquidator
Scirocco Energy Ltd has appointed a voluntary liquidator following approval in a general meeting earlier this month. The appointment follows shareholders‘ vote to wind up the company and for cash to be returned to them. Companies House recorded that Scirocco re-registered in June as a private company.
Alba raises £192,522 via retail offer
Alba Mineral Resources plc has conditionally raised approximately £192,522 before expenses via a “significantly oversubscribed” retail offer, exceeding its target of £100,000. The company issued 550,063,457 new ordinary shares of 0.01 pence each in the company at 0.035 pence per share. Following admission, Alba’s total number of ordinary shares in issue will be 9,725,510,695, with voting rights. The company holds […]
WCM ‘robustly’ defends coal mine
West Cumbria Mining Ltd said it had “robustly” defended the legal challenges against its planned deep coal mine heard last week in the High Court. U-TURN The company responded in a deferred rolled-up hearing between 16 and 18 July, to objections from Friends of the Earth and South Lakes Action on Climate Change to the […]
Europa CEO buys 1.13m shares
Europa Oil & Gas (Holdings) plc chief executive William Holland has bought 1,136,016 ordinary shares of £0.01 each in the company at 1.23 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 5,023,316 ordinary shares, representing approximately 0.524% of Europa’s issued share capital. The £13,973 transaction took place today, […]