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Condor Gold raises £18,600 through warrant exercise

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Condor Gold plc has raised £18,600 following the exercise of warrants to issue 60,000 new ordinary shares with a nominal value of 20p each in the capital of the company at a subscription price of 31p per share.

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News Oil & Gas

Block starts drilling well extension to test 200 MMbbls in Patardzeuli oil field

Posted on Author editorial

Block Energy plc has started drilling on the JSR-01DEEP well, an extension to the JSR-01 well, to test contingent resources of over 200 million barrels (MMbbls) in the Patardzeuli oil field in Block XIB in Georgia. PROJECT II The start of operations marks the beginning of Project II of the company’s three-project strategy in Georgia. Block […]
Metals & Minerals News

Cornish Lithium builds geothermal test site and plant

Posted on Author editorial

Cornish Lithium Ltd has completed construction of its geothermal water test site and installation of its first demonstration plant at United Downs, Cornwall. Founder and chief executive Jeremy Wrathall said that the results from test work at the site would inform the development of a larger pilot plant expected to be built by the end […]
Company Moves News Oil & Gas

Block appoints Andrew Moncur as drilling manager

Posted on Author editorial

Block Energy plc has appointed Andrew Moncur as the company’s new drilling manager. Mr Moncur started working in the North Sea with a variety of operators and has spent the last 22 years managing drilling operations in the Middle East, Caspian and the former Former Soviet Union. His specific experience lies in enhanced oil recovery […]