News Oil & Gas

Rockhopper-Navitas take FID on Sea Lion

Rockhopper Exploration plc and its partner have taken the final investment decision on phase I development of the Sea Lion field, offshore north of the Falkland Islands. CONTRACTS The company and operator Navitas Petroleum Development and Production Ltd have also agreed and signed financing arrangements, which are expected to finalise over the coming weeks. Once […]

Finance Metals & Minerals News

Tungsten West agrees £4m bridge loan

Tungsten West plc has arranged an unsecured £4 million bridge loan facility and conditionally agreed the full conversion of the 2023 convertible loan notes, with the same existing investors. PRODUCTION The agreement will advance of the “overall construction funding package” for the company’s Hemerdon tin-tungsten mine in Plympton, Devon. The bridge facility, which accrues 15% […]