Block Energy plc has appointed PKF Littlejohn as its new auditor, and current auditor BDO LLP has resigned. The appointment was authorised in August 2022 at the company’s general meeting and followed a tender process led by the company’s audit and risk committee. Any proposal to re-appoint PKF as auditors of the group will need […]
Author: editorial
Helium One completes rig audit for phase II
Helium One Global reported the completion of the engineering audit on the drilling rig for the Phase II programme ahead of spudding in early 2023 at Rukwa (100%) in Tanzania. AUDIT Aberdeen Drilling Consultants (ADC) signed off the Epiroc Predator 220 drilling rig as fit for purpose after a detailed examination including a successful high […]
Cadence notes significant MRE increase at Amapá
Cadence Minerals plc reported an increase in JORC resource, with greater tonnage in measured and indicated categories, at its joint venture Amapá iron ore project in Brazil. MRE Partner DEV Mineraço S.A.’s new mineral resource estimate (MRE) shows an increase in total measured, indicated and inferred mineral resources, to 276.24 million tonnes (Mt) grading 38.33% […]
Victoria in ‘precarious’ financial situation
Victoria Oil & Gas plc (VOG) said its financial situation was precarious after being ordered to pay $12 million to its partner, suspension of trading, and its inability to raise funds until a resolution is found. OPERATIONS The company’s wholly owned subsidiary Gaz du Cameroon S.A. (GDC) produces and distributes onshore gas in the port […]
VOG seeks alternative rig provider for Matanda
Victoria Oil & Gas plc (VOG) said it was seeking an alternative rig provider for well operations at the Matanda onshore gas block in the port city of Douala, Cameroon. CONTRACTS The company, which is still suspended from trading on AIM due to financial uncertainty, produces and distributes gas through its wholly-owned subsidiary Gaz du […]
Weardale Lithium appoints Julian Hammond as a director
Weardale Lithium Ltd has appointed Julian Hammond as a director. Companies House recorded the appointment effective from 6 October 2022.