Block Energy plc said its in-house team had reached total depth in the WR-34Z sidetrack development well in the West Rustavi-Krtsanisi field, Georgia. DEVELOPMENT The well will be tested before coming into production alongside the first two project I wells, JKT-01Z and WR-B01Za. Drilled from an existing donor well, WR-34Z horizontally tracks the upper part of […]
Tag: extractive industries
Imerys British Lithium sets up second drill on site
Imerys British Lithium Ltd said it had set up the second drill rig at its site in St Austell, Cornwall. JOINT VENTURE On its social media LinkedIn account the recently formed French-Australian company added it expected the third rig at the end of August. “We have drilled 22 holes so far in this programme, infilling […]
Spirit Energy makes director changes
Spirit Energy Ltd has made new appointments and terminations for four directors Companies House reported that the directorships ended on 1 August for James Bessell and David House. On the same date Jill Shedden and Russell O’Brien were appointed as directors. Spirit’s operated and non-operated oil and gas licence interests lie in the east Irish […]
GreenRoc Mining raises £470,000 via placing
GreenRoc Mining plc raised £470,000 gross via a placing of 12,368,422 new ordinary shares each of 0.1 pence at 3.8 pence per placing share. Majority shareholder Alba Mineral Resources subscribed for 3,026,316 placing shares and now holds 63,026,317 shares, equivalent to 42.97% of GreenRoc’s issued capital. Following admission, GreenRoc’s total issued share capital will comprise […]
Hargreaves Services designates Stephen Craigen as group finance director
Hargreaves Services plc has appointed Stephen Craigen as group finance director designate and a director of the board, effective 1 August 2023. Mr Craigen has worked for the group for ten years and been group financial controller since 2017. Current group finance director John Samuel will step down from his role and the board following announcement […]
Anglesey Mining raises £500,000 via placing
Anglesey Mining plc has raised £500,000 via a placing of 33,333,329 new ordinary shares with certain institutional and other investors at a price of 1.5 pence per share. JUNO LIMITED Majority shareholder Juno Ltd converted debt for equity by subscribing for up to 6,950,000 new ordinary shares, capped at pro-rata ownership level. Following the placing, […]