News Oil & Gas

Antler granted more time for EG-08 PSC

Antler Global Ltd has received a 12-month extension to the first two years of the production sharing contract for EG-08 block, offshore Equatorial Guinea. FARM-OUT The company has an 80% working interest in the PSC, while national oil and gas company, Guinea Equatorial de Petróleos (GEPetro), holds 20%. EG-08 contains 2.196 trillion cubic feet (Pmean), […]

Metals & Minerals News

Fulcrum closes Tully sale to Loyalist

Fulcrum Metals plc has closed the sale of the Tully gold project in the Timmins mining district of Ontario, Canada to Loyalist Exploration Ltd. CONFIDENT Under the terms, Fulcrum has received 78.7 million common shares in Loyalist, CAD$500,000 (£266,000) cash and a 2% net smelter return royalty on the Ontario project. The company also expects […]