UK Oil & Gas plc (UKOG) said that oil production would restart at the joint venture Avington field on PEDL070 in Hampshire, five years after being shut in. PARTNERS Avington, which lies close to the Stockbridge oil field, received fresh planning approval in December 2021. Operated by Star Energy, formally known as IGas, the field […]
Author: editorial
Conroy positive on Creenkill mineralisation
Conroy Gold and Natural Resources plc said that trenching and drill results showed continuity of a mineralised structure at Creenkill in its Mines Royal option of Newtownhamilton, County Armagh. DRILLING The programme is on the Skullmartin Fault gold trend, separate from and 20km to the south of the 65km long Orlock Bridge gold trend, which […]
Power Metal completes early Authier North earn-in
Power Metal Resources plc has negotiated early completion of the earn-in to a 100% interest at the Authier North lithium project in Quebec. CASH AND EQUITY The agreement from July 2021 is for Authier North and Duval East in the Val d’Or mining camp approximately 45km northwest of the city of Val d’Or. The company said it had […]
Deltic marks rise in estimated Pensacola oil and gas
Deltic Energy plc said the estimated oil and gas resources have nearly doubled for the joint venture (JV) Pensacola discovery on licence P2252 in the UK North Sea. ANALYSIS The company’s post-well analysis now estimates the structure to contain gross P50 initially in place volumes of gas and oil of 342 million barrels of oil […]
Reabold granted more time for Dunrobin-Golspie
Reabold Resources plc has been granted a further two years for the joint venture Innovate licence P2478 containing Dunrobin and Golspie prospects in the northern North Sea. PHASE A The UK North Sea Transition Authority granted the extension to Phase A with a drill decision on or before 14 July 2025. Reabold, with a 36% […]
Altona settles fees with one million shares
Altona Rare Earths plc has issued one million new ordinary shares each at a price of 5 pence to settle fees with business development officer Christian Taylor-Wilkinson. The fees are for services provided in 2021 by Leander PR Ltd of which he is a director. Following the issue of shares, Mr Taylor-Wilkinson owns an interest […]