Prospex Energy plc’s partner has received regional approval to begin work for its 3D seismic campaign on the entire Selva Malvezzi production concession area in the Po Valley, Italy. DRILLING Po Valley Ltd’s subsidiary will develop the field with four new wells, adding to the Podere Maiar-1 well which produced 7.02 MMscm gas and gross […]
Month: February 2025
Sunda begins environment survey for Chuditch-2
Sunda Energy plc has started an environmental baseline survey ahead of drilling the planned Chuditch-2 appraisal well, offshore Timor-Leste. SCHEDULE The survey vessel ‘Outer Limit’ will undertake extensive sampling of the marine environment before completion within five days. Sunda will incorporate the survey results and analysis into the environmental impact statement needed as part of […]
Corcel to restart Tobias wells intervention
Corcel plc’s partner will soon restart intervention activities at the Tobias-13 and Tobias-14 wells on block KON-11 in the Kwanza Basin, onshore Angola. CONFIDENT Previous drilling and testing resulted in minimal oil for TO-13 and significant water in TO-14’s clean-up. The company said that the work by operator Sonangol would provide additional information specifically relating […]
Altona signs final agreement for Sesana
Altona Rare Earths plc has signed a final agreement for the Sesana copper project within prospecting licence PL2329/2023 in the Kalahari copper belt, Botswana. PERMITTING The deal allows the company to acquire up to 85% in the tenement currently owned by Ignate African Minerals (Pty) Ltd. Altona will make payments in three tranches over four […]
Guardian signs purchase option for Tempiute
Guardian Metal Resources plc has signed a definitive exploration lease and option to purchase agreement for the historic Tempiute tungsten project in south-central Nevada. TERMS The agreement follows the binding letter of intent signed at the end of October 2024. Tempiute, formerly known as the Emerson tungsten mine, lies southwest of the company’s flagship Pilot […]
CRL’s parent appoints Riverfort chairman as NED
Cornwall Resources Ltd’s parent company Strategic Minerals plc has appointed Philip Haydn-Slater as an independent non-executive director, with immediate effect. Mr Haydn-Slater is currently non-executive chairman of Riverfort Global Opportunities plc. His experience in public and private companies has covered corporate finance, investments, and he has also held board positions of publicly listed firms. Mr […]