Operations are due to start at the Colle Santo onshore gas field after the Abruzzo regional government signalled its intention to approve an early production programme. DE-RISKING Reabold Resources plc holds a 16.2% equity interest in the project, estimated to hold 65bcf of 2P reserves, while operator LNEnergy Ltd has an exclusive option over 90% […]
Author: editorial
EnQuest appoints Michael Borrell as NED
EnQuest plc has appointed Michael Borrell as a non-executive director with effect from 5 September 2023. He will also the sustainability committee and governance & nomination committee. Mr Borrell is an operator of large-scale exploration and production assets with more than 35 years’ experience at TotalEnergies, including managing the integration of the Maersk Oil business. […]
Oil workers ‘lucky to be alive’ after crane collapse
Two oil and gas sub contractors were lucky to be alive after the uncontrolled collapse of a crane on the Fulmer Alpha North Sea oil platform, said the Health and Safety Executive (HSE) today. FAILURES Respol Sinopec Resources UK Ltd was fined £535,000 over the incident on 11 September 2017. Aberdeen Sheriff Court heard that […]
New gold drill targets identified from deep overburden sampling at Longford-Down
New gold drill targets over five licences have been identified from deep overburden sampling in the Longford-Down Massif joint venture in Ireland. EXTENSIVE Conroy Gold and Natural Resources and Turkish earn-in partner Demir Export have to date completed 6,000 metres of phase I drilling. Over five separate areas, the JV collected 470 samples from the […]
Ormonde shares admitted to Aquis Growth Market
Ormonde Mining plc’s ordinary shares totalling 472,507,482 of €0.01 each in the company were today admitted to the access segment of the Aquis Growth Market. The Dublin-based company’s ordinary shares will be cancelled from trading on AIM and Euronext Growth with effect from 5 September 2023. Following admission, major shareholder and Empire Cinemas owner Thomas […]
Tungsten West appoints new NEDs
Tungsten West plc has appointed Guy Edwards, Adrian Bougourd and Kevin Ross as non-executive directors with immediate effect. KEVIN EDWARDS Kevin Edwards’s experience within the aggregates industry includes previous CEO positions at Aggregate Industries UK and Aggregate Industries USA. He was also managing director of Midland Quarry Products and has 25 years’ senior management experience […]