Tullow Oil plc has produced more than 100,000 bopd after bringing on stream a second well at the Jubilee South East (JSE) project, offshore Ghana. CASH FLOW The company said that both the JSE wells were performing in line with expectations and increased production rates by 50% compared with the first half of 2023. Two […]
Tag: extractive industries
Tullow starts production at Jubilee South East
Tullow Oil plc has started production from the first well at the $1 billion Jubilee South East (JSE) joint venture in the Tano basin, offshore Ghana. FUTURE In 2023, partners Kosmos Energy, Ghana National Petroleum Corporation, Petro SA and Jubilee Oil Holdings aim to bring on stream a further two producers and one water injector for […]
Golden Metal adds lithium brines to portfolio
Golden Metal Resources plc has expanded its footprint by staking claims over 923 acres within the Kibby Basin, host to recent lithium brine discoveries in Nevada, USA. CONDUCTIVE ANOMALY The 47 placer claims in Kibby North and Kibby South lie less than 1.5 and 3.5km from the company’s flagship Pilot Mountain tungsten project. The company also has the […]
British Lithium appoints new secretary and director
Research by British Lithium Ltd has made two new appointments following announcement of its joint venture with Imerys. Companies House recorded that on 28 June Henri Simon Trahair-Davies was appointed as secretary, and UK Industrial Hub director Mark Hewson became a director. Imerys UK Ltd now holds significant control of the company in place of […]
Tullow Oil appoints Rebecca Wiles as NED
Tullow Oil plc has appointed Rebecca Wiles as an independent non-executive director, effective from 28 June. She replaces Dr Mike Daly who is retiring. Ms Wiles has deep technical subsurface and geoscience expertise following a 33-year career at BP. She gained emerging markets’ experience from her role as vice president of exploration and appraisal at […]
Tullow Oil notes further 450,000 shares purchase
Tullow Oil plc reported a further purchase of 450,000 ordinary shares of 10 pence each in the company. On 22 June 2023, Birgitte Goethe, a person closely associated with non-executive director Roald Goethe, bought the shares in three tranches of 150,000 at an average price of £0.294 pence per share, for a total £132,220.50.