UK mining should have greater reliance on itself and be more responsive to external market forces in order to meet the industry’s demands, said the country’s mining equipment body. STUDENTS Yorkshire-based Association of British Mining Equipment Companies (ABMEC) also raised concerns over fewer applications from students to geoscience-related courses following the decision by Camborne School […]
Oil & Gas
Europa expects Inezgane to live up to its promise
Europa Oil & Gas (Holdings) said it hoped to build on initial encouraging results from the Inezgane licence near Agadir, Morocco after the company was granted a one-year extension to its permit. The hydrocarbon exploration, development and production company has so far mapped up to 10 billion barrels of unrisked oil resources. Morocco’s National Office […]
Angus to increase stake in Brockham oil licence to 75%
Hydrocarbon company Angus Energy plc announced it hopes to acquire Doriemus plc’s 10% interest in the onshore oil Brockham Licence (PL235) in Surrey. The deal, if approved by the Oil & Gas Authority (OGA), would see Angus’ share in the licence increase from 65% to 75%. Angus also said it would ask shareholders at its […]
UKOG to start drilling in early 2021 at Turkish Resan
UK Oil & Gas plc (UKOG) aims to start drilling in early 2021 at the 305 km² Turkish Resan licence in which it has a 50% interest. The hydrocarbon exploration and development company executed the farm-in participation agreement last Wednesday (4 October) with Aladdin Middle East Ltd (AME) for its share in the project. UKOG […]
UKOG-Egdon-Angus give up Holmwood oil licence
UK Oil and Gas announced today that it had relinquished its oil licence PEDL143 in Holmwood, Surrey, in which it held a 67.5% stake. The other main partners in the licence who have also given up their interests are Egdon Resources plc (18.4%) and Angus Energy (12.5%). UKOG said that a detailed study had been […]
UKOG plans for Loxley to be redetermined
UK Oil & Gas plc will have its application for a gas appraisal project in Loxley near the village of Dunsfold redetermined in November by Surrey County Council. ACCUMULATION The local authority refused permission at an earlier hearing against its officers’ recommended approval. Technical issues resulted in a rerun and the application will be now […]