Shares in Berkeley Energia (LSE:BKY) were down by 51pc in midday trading today to 12.9p following reports that the Spanish government has moved to block its flagship Salamanca uranium mine in the country. Reuters reported yesterday that sources have confirmed that the Spanish government has decided not to deliver the necessary permits to open the open-case…
Columbia-focused oil and gas business Amerisur Resources (LSE:AMER) advanced 0.5pc to 11.8p today after confirming plans to spud the next well in its 2018/19 drilling programme later this month. In an operational update, the firm said the operator of its 30pc-owned CPO-5 field has told it a rig is preparing to drill the well –…
At this time last year, Nostra Terra Oil & Gas (LSE:NTOG) rallied strongly with its share price more than trebling in just a few short months. The wider market was similar to the current environment, but oil prices are now considerably higher and the sector more buoyant. Matt Lofgran, Nostra Terra’s chief executive believes better…
Echo Energy (LSE:ECHO) released news on three developments this morning. Firstly, the Latin America focused company reported the signing of a Technical Evaluation Agreement (TEA) with Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for the Rio Salado Block, onshore Bolivia. The work programme will include the interpretation of three 2D seismic lines, acquired in 2015 / 2016…
Prospex Oil & Gas (LSE:PXOG) soared by 31pc this morning to 0.3p after raising £480,000 through the issue of unsecured loan notes. Alongside additional non-equity funding, the business said it believes the loan notes will cover the full development of the Selva gas discovery on its 17pc-owned Podere Gallina permit in Italy. The firm expects to…
Strategic Minerals (LSE:SML) sat at 1.3p today after announcing that exploration drilling has begun at its Leigh Creek Copper Mine in Australia. The battery materials-focused business hopes the work will bring it closer to its longer-term goal of restarting operations at Leigh Creek, which has an existing JORC resource of 24,900ts copper. The 10-hole drilling…