Corcel plc’s second well in Angola has penetrated the entire Binga reservoir section, of an approximately 80-metre column, with potential pay zones in multiple intervals. MOVEABLE FLUIDS Operator Sonangol drilled Tobias-14 to a total depth of 781m and close to TO-4, as an offset well from the “best historic producer” in the original Tobias field. […]
Equipment & Logistics
Alba to increase dewatering rates at Clogau
Alba Mineral Resources plc has received permission to increase the dewatering rate in the lower Llechfraith workings of its Clogau-St David’s gold mine, north Wales. EXPLORATION Industry regulator Natural Resources Wales approved the company’s application for variations to its existing discharge and abstraction permits. The rates will increase in early January from 100 to 250 […]
Tertiary signs earn-in with KoBold for Konkola West
Tertiary Minerals plc has signed a definitive earn-in with KoBold Metals for the Konkola West copper project in Zambia. JOINT VENTURE The agreement over exploration licence 27067-HQ-LEL is between the company’s 96% owned subsidiary Tertiary Minerals (Zambia) Ltd (TMZ), a subsidiary of KoBold and TMZ’s local partner Mwashia Resources Ltd. Private US-based mineral explorer KoBold […]
United to test final 2023 well and finalise 2024 plans
United Oil & Gas plc has ended its 2023 drilling programme with the ASD S-1X exploration well on the ASD south prospect on the Abu Sennan licence, onshore Egypt. COMMERCIAL Drilling began on 11 November and reached a total depth of 3,450 metres on 12 December, ahead of schedule and under budget. The well was […]
Power Metal identifies further uranium targets
Power Metal Resources plc has identified additional multiple “significant” uranium targets at another two of its 17 projects in and around the Athabasca basin, Saskatchewan. CLEARWATER The findings, from the unmanned aerial vehicle magnetic geophysics surveys covering Clearwater and Cook Lake, are from the company’s 2023 exploration programme across its 1,012km2 portfolio. At Clearwater, the survey focused […]
UKOG secures explosive permits for Pinarova-1
UK Oil & Gas plc (UKOG) is nearing the restart of its Turkish operations after explosive permits were secured for the 7-inch perforating guns to test the Pinarova-1 exploration well. OIL The guns, fully capable of penetrating the well’s 9⅝-inch casing, are now ready for transport to the site. UKOG said it was currently liaising […]