Helium One Global Ltd raised £3 million via a placing to drill more wells in Colorado and pay a mining licence fee in Tanzania.
Tag: farm-out process
United receives Walton Morant surveys permit
United Oil & Gas plc has formally received a five-year environmental permit for its planned offshore surveys on the Walton Morant licence, southern Jamaica. FARM-OUT The company plans “non-invasive offshore surveys, including bathymetric, geotechnical, and environmental baseline studies”. A final outstanding “beach” licence is expected shortly and will complete all approvals required before any operations […]
Block begins project III farm-out process
Block Energy plc has started the farm-out process for the Patardzueli-Samgori field within licences XIB and XIF, or project III, in Georgia. INFRASTRUCTURE The company appointed UK-based LAB Energy Advisors Ltd for the process following last week’s independent assessment of more than one trillion cubic feet of 2C contingent gas resource to the field. Project […]