Kavango Resources plc expects to acquire “shortly” the Nara gold option in Zimbabwe, after signing a deed of variation to “address the mechanics of completion” for the purchase. COMMITTED At the start of March the company had faced seller’s default on the terms of the June 2023 call option, and was considering all solutions, including […]
Day: 16 September 2026
Union Jack JV defers Crossroads spud date
Union Jack Oil plc said that “rig maintenance requirements” had delayed the start of drilling the Crossroads well in southern Oklahoma. PROGRAMME Joint venture partner and operator Reach Oil and Gas Company Inc. had intended to spud the well this week. “The operator is confident that the well will be spudded before the end of […]