Union Jack Oil plc has acquired its first interests in the North Sea with a 2.5% cash generating royalty interest for $130,000 (£93,730) in the Claymore, Piper and Scapa oil fields. THREE FIELDS The acquisition from Cambridge Petroleum Royalties Ltd is a part of the royalty unit over 20% of the revenues from oil and […]
Author: editorial
IOG increases gas estimates at Goddard-Abbeydale
Independent Oil and Gas plc said it had increased resource estimates of its P2438 Goddard and P2442 Abbeydale licences in the UK Southern North Sea. Both licences are held in a joint venture between IOG (50%, operator) and CalEnergy Resources (UK) Ltd (CER) (50%). Interpretation and mapping of 1,200km² of 3D seismic data has […]
Helium One gathers data for 2021 drill campaign
Helium One Global Ltd has started the acquisition of seismic data and the mobilisation of vibroseis trucks and geophones at its 100% owned Rukwa project in Tanzania. The company will focus on 50km of infill 2D seismic data targeting multiple trapping styles. Interpreted seismic data will define optimal well locations and reduce risk in drill […]
Helium One appoints Lorna Blaisse as principal geologist
Helium One Group Ltd has appointed Lorna Blaisse as principal geologist. Ms Blaisse is a skilled petroleum geologist with 15 years’ experience in exploration and appraisal across Africa. She has direct experience of rift basin geology, conducting work in the Lake Albert Rift Basin in Uganda, as well as operational experience managing exploration campaigns in […]
WCM prepares for public inquiry over mine plans
West Cumbria Mining Ltd (WCM) said it was disappointed that the Government had decided to call in and hold a public inquiry on its plans for a metallurgical coal mine off the coast of Cumbria. The miner added it would assess the requirements of the public inquiry process and present a compelling case to the […]
Power Metal starts third NiS-PGM drill hole at Molopo
Power Metal Resources plc announced that diamond drilling had started on the third hole at its nickel sulphide and platinum group metals project at Molopo Farms Complex (MFC) in Botswana. Site operator Kalahari Key Mineral Exploration Pty Ltd began drilling hole KKME 1-11a as part of a planned 2,505 metre programme. Power Metal said that […]