Cairn Energy plc has appointed Nicoletta Giadrossi as chair of the company with effect from 1 January 2021. She will succeed Ian Tyler who, after seven years on the Cairn board including six as chairman, announced in May 2020 that he would retire from the board on appointment of a successor. Ms Giadrossi is one […]
Author: editorial
Predator seeks Guercif JV as operations progress
Predator Oil & Gas Holdings plc said it would continue looking for joint venture partners as it progresses with its gas operations in Morocco. MOROCCO The company has interests in Morocco, Trinidad and downstream Ireland. In onshore Morocco, Predator is still discussing a joint venture to finance early development of Guercif gas for the compressed […]
Power Metal finishes second Molopo drill
Power Metal Resources plc said the second of four planned drill holes is now complete at its nickel sulphide-platinum group metals (PGM) joint venture project at Molopo Farms Complex in Botswana. PROGRAMME Kalahari Key Mineral Exploration Pty Ltd has the majority share in the Molopo project. The operator drilled hole KKME 1-6 was drilled to […]
JOG identifies 222MMboe and new North Sea prospect
Jersey Oil and Gas (JOG) said that an average of 222 million barrels of oil and a “significant” new prospect in its North Sea acreage have been identified in a comprehensive subsurface evaluation. The upstream hydrocarbon company, which added a further 12% to its offshore licence areas in November, said that the amount of oil […]
Anglesey narrows losses as it awaits Micon report
Anglesey Mining plc reported it raised £225,000 from the exercise of warrants and managed to narrow losses during the first half of 2020 at its base and precious metals site on Parys Mountain in North Wales. The fundraise follows a private placing in August of £200,000 to reach a total of £425,000. In the company’s […]
Power Metal starts field work at Alamo
Power Metal Resources plc today announced it had established a camp and started field work at its Alamo gold project in Arizona, USA. NUGGETS The company, which has the right to earn-in up to 75% interest in the project, is focusing on six areas where geological mapping has identified conglomerate units prospective for hosting coarse […]