News Oil & Gas

Tullow Oil NED purchases 100,000 shares

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Tullow Oil plc non-executive director Roald Goethe bought 100,000 ordinary shares in the company for a total £28,500.

The purchases via the London Stock Exchange on 8 March were in two tranches of 50,000 shares, for £0.29 and £0.28 per share.

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Golden Metal engages Allan Moran as modelling geologist

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Golden Metal Resources plc has engaged modelling geologist Allan V. Moran to advance the company’s Pilot Mountain tungsten project in Nevada, USA. Mr Moran will model existing tungsten-copper-silver-zinc mineralisation at the site, focusing on the Desert Scheelite zone which hosts the majority of the in-ground resource at Pilot Mountain. He will plan resource infill as well as […]
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Helium One completes Tai-1A drill

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Helium One Global Ltd has completed drilling the Tai-1A exploration well to a depth of 1,121m but poor hole conditions prevented logging below 882m at its 100% owned Rukwa project in Tanzania. KAROO FORMATION The company said that helium shows had been identified in all three target formations and encountered over five intervals in the […]
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Galantas agrees Omagh gold blasting with PSNI

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Galantas Gold Corporation announced its operating subsidiary had reached a formal agreement regarding blasting with the Police Service of Northern Ireland (PSNI) at its Omagh gold mine. The Canadian gold miner, which has a 100% interest in Omagh gold mine, said: “The agreement provides the potential for a materially improved economic arrangement for an expansion […]