Helium One Global Ltd and Noble Helium have agreed to co-operate to secure a suitable drilling rig, associated services and arrange logistics for its proposed drilling campaign at Rukwa in Tanzania. DRILLING CAMPAIGN In January, the company had to review alternative rig options after the expected rig became unavailable for Phase II drilling operations. The […]
Equipment & Logistics
Deltic finds ‘milestone’ gas-light oil at Pensacola
Deltic Energy plc reported a “substantial hydrocarbon column” discovery at the Pensacola prospect on the joint venture (JV) licence P2252 in the southern North Sea. HYDROCARBON COLUMN Deltic holds a 30% working interest in the project with Shell UK Ltd (operator 65%) and ONE-Dyas (5%). Well 41/05a-2 reached a total depth of 1,965 metres true […]
UKOG to drill new oil target of Pinarova in Resan
UK Oil & Gas plc (UKOG) said it planned to drill a new 9km2 shallow oil accumulation located 6 km north of the Basur-1 oil discovery in the Resan joint venture licence, Turkey. PINAROVA The company holds a 50% interest with Aladdin Middle East (50%) in the project. UKOG added that analysis of the Q3 2022 […]
Cornish Metals finds new tin target at Carn Brea South
Cornish Metals Inc has discovered a new tin mineralisation target from drilling results in the Carn Brea South exploration area along the southern boundary of South Crofty, Cornwall. WIDE FORMATION “The drill holes confirmed up-dip, near-surface extensions of the historic Great Flat lode and discovered tin mineralisation in a new target called the ‘Wide Formation’, […]
Helium One reviews rig options for Rukwa
Helium One Global plc is reviewing alternative rig options after the expected rig became unavailable for Phase II drilling operations at Rukwa, Tanzania. EXHALO RIG The company had expected the Exhalo rig to mobilise in early 2023 and continued negotiations until it was yesterday “unexpectedly notified” that the current operator had decided to retain the […]
Power Metal identifies visible sulphides in T1-3
Power Metal Resources plc has identified visible sulphides in one of its target areas at the 1,723km2 Molopo Farms Complex nickel-platinum group element project, southwest Botswana. DRILL TARGETS In September 2022, the company began its inaugural drill programme for 2,600m and reported visible sulphides in its first drill hole in target area T1-6. Power Metal has […]