UK Oil & Gas CFO Matt Gormley steps down

Oriole appoints Eileen Carr as non-executive chairman

Oriole Resources plc has appointed Eileen Carr to the board as non-executive chairman effective from 17 February 2022. She will replace John McGloin who is leaving to become chief executive officer of Diamond Fields Resources Inc. Ms Carr is a chartered certified accountant with more 30 years’ of experience in worldwide, large-scale mining operations. She was […]

Oriole directors purchase total 16m shares

Oriole Resources plc reported three directors’ share purchases totalling 16,026,590 of 0.1 pence each at a price of 0.20 to 0.21 pence per share. Chief executive officer Martin Rosser acquired 8,936,792 ordinary shares and now holds 14,612,377. Chief financial officer Robert Smeeton bought 4,797,496 (40,733,8740) and executive director, exploration Claire Bay purchased 2,292,302 (13,698,870). Following the […]

Case studies of shale gas sites show low risk to groundwater

A study of impacts on groundwater from shale gas production in northern England found that up to 14% of case areas could potentially be used to produce shale gas. The joint report by the Environment Agency and the British Geological Survey also concluded that groundwater across a district or region would be at low risk […]