Metals Exploration plc has unloaded the Rock Creek gold processing plant at a port in Nicaragua, ahead of delivery to the La India gold project site. CONSTRUCTION The plant arrived ahead of schedule and the start of assembly is on course for October 2025. The company said that mine development earthworks, relating to the plant […]
Tag: production
‘Teething issues’ slow Triton production
Serica Energy plc said that problems had slowed the increase to steady production at the Triton floating production storage and offloading unit, 120 miles east of Aberdeen. GUIDANCE The FPSO in the UK central North Sea produces oil and gas from the Bittern, Clapham, Pict, Saxon, Guillemot Area subsea facilities. Operator Dana Petroleum resumed production […]
Cornish Metals defers South Crofty production
Cornish Metals Inc has pushed back production from 2027 to the first half of 2028 following slower dewatering rates at its South Crofty tin mine project near Redruth PUMPS Maintenance work on the submersible pumps and delays in servicing one of the pump motors slowed dewatering “in recent months”. Dewatering returned to near full capacity […]
Ascent resumes strong production in Utah
Ascent plc reported 350 thousand cubic feet per day (circa 58 barrels of oil equivalent per day) from the first five wells put back into production last month in the Wolf Point area, northern Utah. INVENTORY Operator Arb Energy LLC is undertaking maintenance on a further four wells expected to beginning long term production, before […]
EnQuest completes Vietnam acquisition
EnQuest plc has completed its acquisition of Harbour Energy’s 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields in Vietnam. PRODUCTION The headline value for the assets in Block 12W is $85.1 million with EnQuest paying around $25.7m, net of interim period cash flows since the deal’s effective date of […]
Union Jack resumes production at Keddington
Union Jack Oil plc has restarted production at the Keddington joint venture oil field in the East Lyndsey district of Lincolnshire. SALES Operations, expected to resume during late 2024, followed “major site upgrades” during last year and 2025. “The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production,” […]