News Oil & Gas

Helium One on track to drill ITW-1 at Rukwa

Helium One Global Ltd has agreed the purchase of an electrical submersible pump and associated equipment to drill the Itumbula West-1 well in the southern Rukwa Basin, Tanzania. FLOW RATES The vendor is Cener Tech Group, part of the Chinese National Offshore Company (CNOOC). Helium One said that site civils work had started for water […]

Finance Metals & Minerals News

Power Metal begins trading on OTCQB

Power Metal Resources plc will today begin trading its ordinary shares of two pence each on the OTCQB Venture Market in the United States. EXPANSION The company will continue to make announcements and disclosures to the London Stock Exchange. Chief executive Sean Wade said that Power Metal had “significant” interest in its shares from North American investors. “We see this […]

Finance News Oil & Gas

Union Jack begins trading on OTCQB

Union Jack Oil plc ordinary shares today began trading on the OTCQB venture market in the United States. LIQUIDITY The company said that dual trading on the AIM market of the London Stock Exchange and the OTCQB would provide “enhanced investor benefits”. These include “uncomplicated trading access for investors based in the USA and increased […]

Finance Metals & Minerals News

Golden Metal begins trading on OTCQB

Golden Metal Resources plc was earlier today admitted to trading on the OTCQB venture market, targeting new investors in the United States. NEVADA The company, which continues to trade on AIM, said it had issued no new ordinary shares through the process. Golden Metal owns five projects in Nevada focused on base and precious metals, lithium […]