Mining, Oil & Gas News & Blog

Entries for August 2014

26
Atlantis Resources signs £7.5mln contract to expand tidal energy project in Scotland
Atlantis Resources has been given a two-year £7.5mln contract after they revealed it had agreed funding package for the first phase of its MeyGen project in Scotland Pentland Firth.

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Posted in: Oil and Gas
25
Atlantis Resources agrees £50mln plus funding package for MeyGen
Atlantis Resources revealed it had agreed funding package for the first phase of its MeyGen project in Scotland Pentland Firth.

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Posted in: Mining
25
Aminex shareholders approve US asset sale
Aminex has boosted its financial position and has enhanced flexibility as the disposal of its non-core American business got the green light from investors.

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Posted in: Oil and Gas
25
SNL sees up to $20bn private equity war chest boosting mining M&A
The much-anticipated influx of capital from new mining-focused private funds is taking longer than expected to hit the market, but market experts expect more deals to hit in the second half of 2014 and an increase in activity in early 2015.

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Posted in: Mining
14
Gulfsands Petroleum strengthens board after revealing Morocco well Success
Gulfsands Petroleum’s Judge on Morocco and Syria - talks Morocco, Syria and the ideal funding route for the company.

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Posted in: Oil and Gas
14
Matt Lofgran, the chief executive of Nostra Terra Oil & Gas (LON:NTOG), explains the significance of bringing Tom Reynolds’ Quixote Associates on board.
Nostra Terra Oil & Gas (LON:NTOG) chief executive Matt Lofgran said the group is planning to take “more control” as it bids to acquire “much larger assets” where it will be the operator.

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Posted in: Oil and Gas
13
3Legs Resources prepares for long term testing after Poland's largest frack.
Alex Fraser told Proactive Investor that "potentially on the company is on threshold of a very significant result" at its latest shale gas well in Poland.

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Posted in: Oil and Gas
13
Northern Petroleum to spud new well this week in Kandada
Northern Petroleum (LON:NOP) told investors that the first of three new wells will spud this week at its project in Alberta, Canada.

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Posted in: Oil and Gas
05
Tethys very optimistic with gas production in Kazakhstan
Tethys Petroleum (LON:TPL, TSE:TPL) is to place the latest four wells from its shallow gas programme in Kazakhstan on permanent production after good flows on test.

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Posted in: Oil and Gas
05
Max Petroleum Strategic partner AGR Energy to invest £37.1 million in Max Petroleum after it went up for sale in July
Strategic partner AGR Energy to invest £37.1 million in Max Petroleum. Earlier Max Petroleum Appointed Blackstone To Conduct Sale Process . Earlier in July launched a strategic review which may result in a merger, the sale of the business, a farm-down, or a disposal of its assets.

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Posted in: Oil and Gas
05
Tangiers Petroleum huge drop in share prices by TAO-1 duster
Shares in AIM-quoted Tangiers Petroleum plunged by 65 per cent in morning trading after the TAO-1 wildcat in the Tarfaya Offshore Block in Morocco came back empty-handed.

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Posted in: Oil and Gas
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The project is all there ready to go with infrastructure in place

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