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Latest News

Our news section highlights the latest industry news, press coverage and publications.

Lidsey-X2 Operational Update

Angus Energy plc. is pleased to announce that the BDF drilling rig 28 has arrived on location at the Lidsey Oil Field and is in the process of rigging up prior to rig acceptance.

Successful perforation of well C-26 in Azerbaijan

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE), the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce the successful perforation of a new, unexploited production zone in well C-26 in the Jafarli field.

Commencement of Resource Drilling at Awak Mas

Indonesian gold development company Nusantara Resources Limited (‘Nusantara’, ASX: NUS) is pleased to announce that Phase 1 of a two-phase diamond drilling program is underway at its 100%- owned Awak Mas Gold Project located in South Sulawesi, Indonesia.

Mining Licence Awarded

Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane ("CBM"), has been advised that a Mining Licence for the Lesedi CBM project has been granted by Botswana's Department of Mines in the Ministry of Mineral Resources, Green Technology and Energy Security ("the Ministry").

Zenith completes purchase of Chinese oilfield equipment

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE) is pleased to announce that the Company has signed a contract for the procurement of oil production materials with Kerui Petroleum, a leading Chinese manufacturer of oilfield equipment.

Asiamet Resources files BKM Resource Update Report for the Beruang Kanan Prospect, KSK CoW, Indonesia

Asiamet Resources Limited ("ARS" or the "Company") has filed a technical report supporting the independently estimated updated Resource at the Beruang Kanan Main Zone, KSK CoW, Indonesia.

Placing of Common Shares to Raise £6 Million (Approximately US$7.9 Million) to Fund Completion of the Definitive Feasibility Study at the BKM Copper Project and Expanded Drilling Programs Around BKM and at Beutong

Asiamet Resources Limited, (AIM: ARS) (the "Company"), is pleased to announce a placing of 139,534,884 new common shares of US$0.01 each in the Company (the "Placing Shares") at a price of 4.3 pence per Placing Share (the "Placing Price") to raise a total of £6.0m (approximately US$7.9m) (before expenses) (the "Placing").

Optiva Team Completes Challenge

Congratulations to Hal Norwood and Christian Dennis for completing the Prudential Ride 100 yesterday.

Freeport-McMoran, the world's biggest listed copper company jumped 13%

The directors of ECR Minerals plc are pleased to announce that the Company’s wholly owned Australian subsidiary Mercator Gold Australia Pty Ltd (“MGA”) has been issued a new gold exploration licence (EL006280) in Victoria, Australia.

Optiva Fundraising

Optiva Team Members, Christian Dennis and Hal Norwood have signed up to ride in the UK’s largest closed road cycle event, the Prudential RideLondon 100, in aid of one of the UK’s oldest charities, London Youth.