Corcel plc has appointed current independent non-executive director Pradeep Kabra as chairman. He replaces interim postholder Andrew Fairclough who will continue as independent non-executive director on the board and chair of the audit committee. Both first became Corcel directors in December 2023. “I want to express my gratitude to Andrew for his leadership and guidance […]
Tag: extractive industries
Helium One to drill at Galactica-Pegasus
Helium One Global Ltd plans to drill five additional wells this quarter at the Galactica-Pegasus project in Las Animas County, Colorado, USA. PARTNERS The company is farming into the project operated by Blue Star Helium which has now received permits to start operations. The new wells, comprising Jackson-27 SWSE, Jackson-31 SENW, Jackson-29 SWNW, Jackson-2 L4 and Jackson-4 […]
Tertiary begins drilling at Brunton Pass
Tertiary Minerals plc has started an additional drilling programme in its portfolio of licences with operations at the Brunton Pass copper-gold project in central Nevada, USA. UNPARALLELED The company plans four reverse circulation percussion drill holes each to an average depth of 350 to 400 metres. Tertiary said that two holes holes would test for […]
Deltic JV prepares for second Selene licence term
Deltic Energy plc said its partner and operator Shell UK Ltd had recommended entering the second term of licence P2437, containing the Selene gas discovery. FID Along with Dana Petroleum (E&P) Ltd, the joint venture will agree a low-cost work programme and timeline with the North Sea Transition Authority before a potential final investment decision. With […]
Power Metal CEO purchases 200,000 shares
Power Metal Resources plc chief executive officer Sean Wade today purchased 200,000 ordinary shares of 2 pence each in the company for a total £24,780.81. The acquisition was for 12.375p per share. Following the transaction Mr Wade has 938,235 shares, representing 0.82% of Power Metal.
Condor Gold agrees up to £475,000 loan
Condor Gold plc has entered into an unsecured term loan facility for up to £475,000 with Galloway Ltd. LA INDIA Galloway, owned by Burnbrae Group Ltd which is in turn owned by Condor’s chairman Jim Mellon, owns 26.13% of Condor’s issued ordinary share capital. Condor non-executive director Denham Eke is also a director of Burnbrae […]