Block Energy plc has conditionally agreed to invest in the Ndjila and Mpari production sharing contracts offshore Gabon, through a proposed US$6.3 million (£4.65m) fundraise. POTENTIAL The agreement, which adds to the company’s existing Georgia oil and gas asssets, is with Pilgrim Exploration Ltd whose subsidiaries own a 90% interest in the PSCs. The project […]
Day: 16 September 2026
Obituary – explorer and IAEG president Andrew Boden
Mining executive and founding member of the International Association for Engineering Geology, EurGeol Andrew Boden PGeo, has died. Mr Bowden spent most of his exploration years in Ireland and lived with his family in Thomastown, Co. Kilkenny, Ireland. During his career he explored for various metals but focused on zinc, and discovered the Galmoy R-zone, […]
Europa to appeal against Cloughton well refusal
Europa Oil & Gas (Holdings) plc intends to make an appeal after North Yorkshire Council decided it was “minded to” refuse permission for a well on the Cloughton gas prospect in Burniston. SUPPORTIVE The planning committee’s made its decision in a meeting on 24 April 2026. Europa said that the council’s planning department had made a […]
Altona issues 5m new shares
Altona Rare Earths plc has issued a total of 4,933,334 new ordinary shares via a warrants exercise and to a service provider to settle fees. TVRs The company issued 1,533,334 new ordinary shares of £0.01 each to a service provider, following an exercise of warrants at two pence each, for £30,667. The proceeds will fund […]