Orcadian Energy plc has completed the sale of 50% of the ordinary shares of HALO Offshore UK Ltd to power plant developer and operator Independent Power Corporation plc. FUNDING IPC founder-chief executive officer Peter Earl and Mark Preece have joined Orcadian’s CEO Steve Brown and chief financial officer Alan Hume on HALO’s board. Mr Preece […]
Day: 4 March 2025
Helium One spuds Jackson-4 at Galactica
Helium One Global Ltd’s joint venture has spudded the Jackson-4 well at the Galactica project in Las Animas County, Colorado, USA. PRODUCTION Partner and operator Blue Star Helium is preparing to drill the intermediate hole section targeting the Lyons Sandstone formation, with the target depth planned within the Upper Lyons formation gas reservoir. Helium One […]
Metals agrees to buy $9.7m plant for La India
Metals Exploration plc has entered into an agreement to buy a US$9.7 million gold ore processing and concentration plant for its La India gold project in Nicaragua. PRODUCTION The purchase from Almaden Minerals Ltd includes crushers, conveyors, grinding ball mill, Sepro Falcon gravity circuit, carbon in leach (CIL) circuit, elution and smelting equipment and laboratory, […]