Antler Global Ltd director Simon Barry has left as Europa Oil & Gas plc CEO and nominee William Holland takes up the post. Companies House recorded the changes effective on 20 December. Antler Global’s oil and gas assets are in Equatorial Guinea.
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Horizonte secures interim $20m for Araguaia
Horizonte Minerals plc has agreed US$20 million interim funding for critical construction work at its flagship Araguaia nickel project in Brazil and general working capital. PACKAGE The money will be used to re-estimate work necessary to implement a full funding solution, as well as to complete the water storage reservoir and the 230kV powerline. The […]
Scirocco Energy plans to sell interest in EAG
Scirocco Energy plc plans to sell its interest and investment in Energy Acquisitions Group Ltd (EAG) for £2.6 million plus contingent consideration of up to a further £150,000. SHAREHOLDERS The sale, related to anaerobic digestion sites, is to OrbeNovo Sponsor LLP. Scirocco said that the growth of EAG was “heavily dependent” on more investment but […]
Dalradian Gold director Keith Mckay leaves
Dalradian Gold Ltd director Keith Mckay has stepped down while Michael Barton is appointed to the same role. Companies House recorded both changes effective on 14 December 2023. Dalradian is 75% controlled by Ontario-based Dalradian Gold Inc. and owned and backed by US investor Orion Resource Partners. Since late 2009, the company has focused on […]
Block prepares farm-out process for Georgia gas
Block Energy plc is preparing the farm-out process for the company’s project III, comprising blocks XIB and XIF, in Georgia. STRATEGY The project spans the three fields of Patardzueli, Rustavi and Teleti, which are all under a PSC until 2048. Operations focus on the “multi-tcf undeveloped gas resource” within the Lower Eocene and Upper Cretaceous […]
Ascent increases estimate of Petišovci proceeds
Ascent Resources plc has increased its estimate of production proceeds from €3.5 to around €8 million based on revealed data from the Petišovci gas joint venture in Slovenia. COURT ORDER A data disclosure instruction since October’s decision from the arbitration tribunal shows the historic production data, which Ascent used to calculate the proceeds to which […]