News Oil & Gas

Helium One nears rig set-up completion on Tai-C

Helium One Global Ltd has appointed a 24-hour drill crew and completed 90% of setting up the rig on Tai-C well for phase II drilling at Rukwa in Tanzania. CONTRACTS The remaining long lead items are on schedule to arrive during the second week of September with drilling on course to start during the second […]

Metals & Minerals News

Altona 2022 drilling shows further high grade REEs

Altona Rare Earths plc said its now completed 2022 drilling programme showed further high grade rare earth element (REE) mineralisation at Monte Muambe in Tete Province, northwest Mozambique. MRE The 2022 programme comprised 36 reverse circulation (RC) holes for 3,360m, similar to 2021. Data will contribute to the company’s inaugural mineral resource estimate (MRE) expected […]

News Oil & Gas

Neptune starts drilling ninth Rӧmerberg production well

Neptune Energy has started drilling on a new production well and plans to increase production further at the joint venture Rӧmerberg oil field in the Rhine Valley, southwest Germany. RÖMERBERG The 50-50 JV is between the company as operator and licence owner Palatina GeoCon.  Holding “significant” reserves, the 5–6 km² oil field was discovered in […]

News Oil & Gas

Deltic-Shell commit to drilling Selene

Deltic Energy plc and joint venture partner Shell UK Ltd have made the investment decision to drill the high impact Selene gas prospect off the northeast coast of England. SCHEDULES The company added that the timing of a well slot had yet to be confirmed and would be subject to drilling schedules. This is expected […]

Metals & Minerals News

Red Rock drill results exceed expectations at Luanshimba

Red Rock Resources plc said results from reverse circulation (RC) drilling exceeded its expectations at the Luanshimba copper-cobalt project in the Haut-Katanga Province, Democratic Republic of Congo. PROGRAMME The Luanshimba project is operated by Red Rock Galaxy SA , an 80% owned Congolese subsidiary of Red Rock.  Three prospects now named as Kilembwe (18 holes), […]

Metals & Minerals News

Altona completes 2021 drill at Monte Muambe

Altona Rare Earths plc announced it had completed on time and within budget its 2021 drill programme at its Monte Muambe project in Mozambique. PHASE I The company drilled five diamond drill holes for 590 metres and 38 reverse circulation holes for 2,441m. Altona tested the lateral extension of known REE mineralisation in the crater […]