UK Oil & Gas plc (UKOG) and its joint venture partner Aladdin Middle East (AME) have applied for three further exploration licences in the southeast of Turkey. UNDRILLED FEATURES The application covers four 150 km² blocks to the south and southeast of the company’s 305km² Basur-Resan licence, with UKOG responsible for its 50% share of […]
Tag: extractive industries
IOG accepts new gas licences with ‘good synergies’
Independent Oil and Gas plc (IOG) said it saw good synergies from its new gas licences in the UK Southern North Sea (SNS). LICENCES During 2020, the production and infrastructure company conducted 3D seismic reprocessing over its UK SNS portfolio covering more than 1,200km². Areas include P2085 (Harvey) and P2441 (Redwell) licences accepted by the […]
Red Rock nears start of Africa-Australia operations
Red Rock Resources plc said its gold-copper-cobalt projects in Africa, Australia and Kenya were moving forward in readiness for operational work in 2021. DEMOCRATIC REPUBLIC OF CONGO Red Rock is completing the first phase of the planned 70.95 km-line ground magnetic survey at Kisinka near Lubumbashi, DRC. Work will resume at the Kolwezi joint venture […]
Cornish Lithium buys £2.3m technology licence
Cornish Lithium Ltd said it had bought an exclusive £2.3 million technology licence for bulk metallurgical testing and building a pilot plant for its hard rock lithium project at Trelavour near St Austell, Cornwall. The money will come from the company’s recent crowdfunding which raised a final total of £5.2 million but will still allow […]
Kavango-Power Metal start South Ghanzi exploration
Power Metal Resources plc and Kavanago Resources plc have started exploration fieldwork on the South Ghanzi copper-silver project in the Kalahari Copper Belt (KCB), northwest Botswana. South Ghanzi comprises two prospecting licences PL036/2020 and PL037/2020 covering 1,294km2 and is held in a 50-50 strategic joint venture (SJV) between the two companies. The Botswana KCB has […]
Helium One achieves unique AIM listing
Helium One Global Ltd has become the only helium exploration company to be listed on the Alternative Investment Market (AIM) of the London Stock Exchange. In November, the company, whose interests are in Rukwa, southwest Tanzania, said it expected to be listed this month following a £6 million fundraise and its amalgamation with Attis Oil […]