Finance News Oil & Gas

Sunda signs exclusivity deal for Chuditch drill

Sunda Energy plc has entered into an exclusivity agreement to fund drilling the Chuditch-2 gas appraisal well under the TL-SO-19-16 production sharing contract, Timor-Leste.  RIG The company said that any investment from private Singapore investor Pacific LNG Operations Pte Ltd would be through equity issued from a Sunda subsidiary. The agreement contains “carve-outs” for several […]

Company Moves Metals & Minerals News

Cornish Metals appoints Don Turvey as CEO

Cornish Metals Inc has appointed Don Turvey as chief executive officer and a director of the company. He will relocate from South Africa to Cornwall subject to approval of a UK work visa. Mr Turvey is a mining executive with more than 40 years’ experience including in production, project execution, business development, and minerals resource […]