Angus Energy plc said that a United States-based third party would manage its potential acquisition of producing assets, offshore Gulf of America (Gulf of Mexico). DEBT The move will leave Angus with a minority, non-operated interest, allowing it to “focus financial and human capital efficiently, reduce operational risk and enhance potential returns on investment”. Any […]
Day: 12 January 2026
Alba completes inaugural drilling at Finnsbo
Alba Mineral Resources plc has completed an inaugural drilling programme at its Finnsbo gold-copper-rare earth elements earn-in located in Bergslagen, Uppland, eastern Sweden. EARN-IN The company drilled three holes for a total of 300 metres, focusing on the ‘Pop 2’ site, to determine continuity of high grade mineralisation. Laboratory assays are pending. Alba’s first stage […]
Nativo advances La Patona processing plant
Nativo Resources plc has advanced preparations to construct its La Patona gold ore processing plant in Acarí, Peru and exited its oil and gas interest in Argentina. ADVANTAGE The company said it had completed the plant’s design and chosen suppliers for all its material components. Suppliers have also been chosen, with agreed prices and delivery […]
UKOG increases issued share capital
UK Oil & Gas plc, which is currently shifting its focus away from natural resource extraction, has increased its issued share capital with a £520,000 fundraise for its hydrogen storage project. TVRs The company issued 3,249,134,670 shares through a placing, at a 25% discounted issue price of 0.016 pence per share. Following admission, UKOG’s total […]