Cora Gold Ltd has identified four primary and four secondary gold bearing structures of around a total 50km of “highly prospective terrain” following sampling at Sanankoro in southern Mali. TARGETS The company said it had outlined 20 new and existing greenfield exploration targets within the structures, which will be ranked in order of priority for […]
Day: 11 November 2024
Rathlin plans reservoir stimulation at West Newton
Rathlin Energy (UK) Ltd has now “duly made” its application to conduct a “reservoir stimulation” within the Kirkham Abbey gas reservoir in the existing West Newton A-2 well in East Yorkshire. PROPPANT The joint venture operator said that the reservoir stimulation involved squeezing a “small volume of oil-based fluid” into the formation located within PEDL183. […]
Corcel increases stake in KON-16
Corcel plc has acquired an additional 20% in its operated block KON-16 in the Kwanza Basin, onshore Angola. FUNDRAISE The acquisition, subject to approvals, is through its 90% owned subsidiary Atlas Petroleum Exploration Worldwide Ltd (APEX), taking its total holding to 55% gross, with 49.5% net to Corcel and at no cost. KON-16 covers 1,022 km2 […]