Predator Oil & Gas Holdings plc said it would continue looking for joint venture partners as it progresses with its gas operations in Morocco. MOROCCO The company has interests in Morocco, Trinidad and downstream Ireland. In onshore Morocco, Predator is still discussing a joint venture to finance early development of Guercif gas for the compressed […]
Tag: extractive industries
Power Metal finishes second Molopo drill
Power Metal Resources plc said the second of four planned drill holes is now complete at its nickel sulphide-platinum group metals (PGM) joint venture project at Molopo Farms Complex in Botswana. PROGRAMME Kalahari Key Mineral Exploration Pty Ltd has the majority share in the Molopo project. The operator drilled hole KKME 1-6 was drilled to […]
Anglesey narrows losses as it awaits Micon report
Anglesey Mining plc reported it raised £225,000 from the exercise of warrants and managed to narrow losses during the first half of 2020 at its base and precious metals site on Parys Mountain in North Wales. The fundraise follows a private placing in August of £200,000 to reach a total of £425,000. In the company’s […]
Power Metal starts field work at Alamo
Power Metal Resources plc today announced it had established a camp and started field work at its Alamo gold project in Arizona, USA. NUGGETS The company, which has the right to earn-in up to 75% interest in the project, is focusing on six areas where geological mapping has identified conglomerate units prospective for hosting coarse […]
UKOG applies for three more Turkey oil licences
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 […]
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 […]