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Tom Frew

Empyrean talk "successful quarter", production and increased Sugarloaf reserves

02 Sep 2015 @ 19:11
Q2 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has issued an update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of June 2015. Empyrean has a 3% working interest in the...

Ariana starts onstruction of Kiziltepe gold mine

02 Sep 2015 @ 19:05
CONSTRUCTION COMMENCES AT KIZILTEPE Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced that mine construction has commenced at the Kiziltepe Sector of the Red Rabbit Gold Project in western Turkey, which is being developed in partnership with Proccea Construction Co., to deliver its first gold pour in H2 2016. – Forestry...

MX Oil discuss drilling update offshore Nigeria

02 Sep 2015 @ 19:03
Positive Drilling Update Offshore Nigeria MX Oil plc, the AIM quoted oil and gas investment company, has been advised by its partners that the Aje-5 well in the proven Aje Field on licence OML 113 offshore Nigeria, has reached targeted depth of 3,255 metres (measured depth) and has intersected hydrocarbon bearing intervals in line with the pre-drill geological model. The Well is now being...

BP licenses its latest generation PTA Technology in Oman

01 Sep 2015 @ 22:18
What are the details? BP and OMAN INTERNATIONAL PETROCHEMICAL INDUSTRIES COMPANY (OMPET) (a joint venture between Oman Oil Company, LG International Corp and Takamul Investment Company) have entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. OMPET intends to build a 1.1 million tonnes per annum (tpa) unit at Sohar, Oman, to produce PTA...

Northcote Energy release fresh oil test results

01 Sep 2015 @ 22:16
Positive Test Results from LM#20 Well, Shoats Creek Northcote has announced test results for the Lutcher Moore #20 well (LM #20) at Shoats Creek Field, Beauregard Parish, Louisiana in which it owns a 93% working interest, of 260 barrels of oil and 500 mcf of natural gas per day (or 340 barrels of oil equivalent per day on the basis of 6 mcf of natural gas per barrel of equivalent). HIGHLIGHTS:...

Strat Aero widen top team

01 Sep 2015 @ 22:12
Appoints non-executive Director to widen strategy in rapidly growing UAV market Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has appointmented Mr. Paul Ryan to the Board as a non-executive Director focused on strategy. Mr Ryan has 20 years of transactional, commercial and regulatory experience in the telecommunications and...

African Potash strike MOU in Malawi

01 Sep 2015 @ 22:09
Second MOU for the supply of 50,000MT of fertiliser African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, entered into a Memorandum of Understanding with a Malawian fertiliser supply company with a view to supplying them with in excess of 50,000 metric tonnes of fertiliser. This represents the second fertiliser Trading Agreement in place following the...

North River Resources secure support for Namib project

01 Sep 2015 @ 22:06
Result of GM North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, held its General Meeting and has announced that the resolution seeking shareholder approval for disapplication of statutory pre-emption rights in respect of the Company’s Phase One Fundraising proposals was duly passed. On 11 August 2015, the Company announced details of...

Bacanora cuts deal with Rare Earth Minerals

01 Sep 2015 @ 22:01
Sonora Lithium Project Signs Lithium Supply Contract Bacanora, the London and Canadian listed (AIM:BCN) and (TSX-V:BCN) lithium and borates company, and Rare Earth Minerals plc(AIM:REM), the owners of the Sonora Lithium Project1 in Northern Mexico , have finalised a conditional long-term lithium hydroxide supply agreement with Tesla Motors, Inc., the maker of electric vehicles and energy...

Sable lay out annual results for investors

01 Sep 2015 @ 21:59
Annual Results Sable Mining, the AIM-listed exploration and development company, has presented its results for the year ended 31 March 2015. Highlights: · Operations focussed on advancing iron ore and coal portfolios in Africa · Nimba iron ore project in south-east Guinea continues to reach key milestones and demonstrate value as a high-grade, high-margin, low-capital asset · Nimba total JORC...
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