RockRose Energy (LSE:RRE) announced Tuesday that production has commenced at the A18-A5 well in the Netherlands. RockRose acquired Dyas BV in May which owns a 14.6% interest in Block A that contains the well. The block is a relatively new shallow gas play present in the Northern part of the Dutch Continental Shelf with stable…
Tlou Energy (LSE:TLOU) was up 2% today as it updated the market on drilling operations at the Lesedi project in Botswana. Tlou is drilling pilot production wells and, if successful these wells will form part of the Company’s initial gas-to-power project. Future operations will include installation of transmission lines and grid connection to the company’s…
Reabold Resources (LSE:RBD) announced the completion of its investment in Rathlin Energy (UK) Ltd today. The investment is for 37.08% of Rathlin who hold a 66.67% equity interest in the PEDL183 license UK onshore. The license contains the significant West Newton A-1 gas discovery with a Best Estimate Contingent Resources of 189 Bcf of gas…
Hummingbird Resources (LSE:HUM) sat at 17.8p today after offering further clarity around the operational issues at its producing Yanfolila Gold Mine that have severely damaged investor sentiment. The Liberia-focused business has struggled to recover since falling from 26p last month after revealing stability issues at the western wall of Yanfolila’s Komana East pit that required…
Nostra Terra Oil and Gas (LSE:NTOG) gave an operational update on Monday including a report on the company’s current hedging arrangements with BP Energy Company and progress with the Mesquite project. So far in H2 2018, Nostra’s production from its US assets has averaged 109 bopd net of royalties (194 gross). The company has successfully…