Sunda Energy plc has deferred drilling the Chuditch-2 appraisal well offshore Timor Leste to the first half of 2026 because it was unable to agree a rig contract. LOGISTICS Drilling, already once deferred from its original date of early 2025, was due to begin during the second half of this year on the field under […]
Day: 8 July 2025
Power Metal rules out Qatan earn-in
Power Metal Resources plc has decided against a binding agreement for a 49% earn-in with a US$3 million spend on the Qatan exploration licence in southern Saudi Arabia. MUTUAL The company signed a letter of intent in September 2024 with Saudi Arabian explorer and miner Al Masane Al Kobra Mining Company (AMAK) for the volcanogenic […]
Arkle-Group Eleven near Stonepark high grades
Arkle Resources plc is closer to high grade results following returns from three holes drilled in the Carrickittle West area of the Stonepark zinc joint venture in Limerick, Ireland. KILTEELY The project, comprising five licences, is 22.36% owned by Arkle and 77.64% by operator Group Eleven Resources Corp. Arkle said that the the Kilteely prospect […]
Reabold co-CEOs buy 170m shares
Reabold Resources plc’s co-chief executive officers today purchased in total 169,906,363 ordinary shares in the company. OWNERSHIP Sachin Oza purchased 79,000,000 ordinary shares at 0.0625 pence per share for £49,375. Mr Oza, along with persons closely associated with him, now owns 298,720,298 ordinary shares, representing 2.93% of the company’s issued share capital. Stephen Williams bought […]
Borders NED acquires 122,807 shares
Borders & Southern Petroleum plc non-executive director William Hodson has acquired 122,807 ordinary shares of 1p in the company at 6.7p per ordinary share. The purchase on 16 June 2025 now gives Mr Hodson an interest in the company of one million shares or 0.11% of the total issued. Borders holds oil and gas appraisal […]
Guardian issues 500,000 shares
Guardian Metal Resources plc has issued 500,000 new ordinary shares of one pence each in a warrants exercise at 25p per warrant share, for £125,000. The warrants exercise follows the previous one on 12 May for which a total of 4,600,619 new ordinary shares were issued instead of 4,627,142 as originally stated. Following admission of the 500,000 new […]