Red Rock Resources plc and Power Metal Resources plc’s joint venture exploring for gold in Australia has been given first Gazette strike-off notice by the Companies Registrar. Companies House today published the notice to New Ballarat Gold Corp which owns 17 licences over 1,867km2 and the historic Berringa gold mine in the Victoria gold fields. […]
Legal
Predator prospectus approved by FCA
Predator Oil & Gas Holdings plc’s prospectus has been approved by the Financial Conduct Authority. The document, dated 10 August, will allow admission to trading of shares issued in a recent £10 million fundraise.
WCM appoints general counsel and COO
West Cumbria Mining has further added to its team aiming to develop a coking coal mine off the west coast of Whitehaven. Douglas Hall, originally from Edinburgh, takes on the new position of general counsel. He has more than 30 years’ UK and international legal experience much of which involves mining projects. During his career, […]
Scirocco receives tax clearance to sell Ruvuma interest
Scirocco Energy today received tax clearance after paying £150,000 tax for the sale of its 25% interest in the Ruvuma gas production sharing agreement in Tanzania. CONTINGENCY PAYMENTS The company will now write to the country’s Minister for Energy to obtain final approval of the transfer of the licence interest to purchaser ARA Petroleum Tanzania […]
Ascent files claim memorial and €657m damages against Slovenia
Ascent Resources plc has formally filed its claim memorial and increase in damages to €656.5 million over its onshore gas interests against the Republic of Slovenia. HYDRAULIC FRACTURING Legal action began after the company claimed treaty breaches and that the country’s new laws banning the use of hydraulic fracturing affected the company’s operations within the […]
UKOG planning approval upheld for Loxley
UK Oil & Gas plc (UKOG) said planning approval for its wholly owned Loxley onshore gas project in Surrey has been upheld by the High Court. ENERGY SECURITY The ruling follows a series of legal actions by local protesters and different local authorities after the company successfully appealed against initial refusal in December 2020. UKOG […]