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Pin to quick picksOracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

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TRADING UPDATES: Great Southern Copper identifies high-grade copper

Tue, 18th Jul 2023 17:30

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Oracle Power PLC - London-based, Pakistan-focused energy projects developer - Says topography survey completed at Green Hydrogen project in Pakistan, showing no significant obstructions to the project. Says Sui Southern Gas Company pipleline traverses part of the site, but could be useful in future commercialisation. Adds that completion sets the stage for the next phase of its project. Notes that planned production capacity of site will be 55,000 tonnes of hydrogen per year. Chief Executive Naheed Memon says: "The successful conclusion of the topography survey for our Green Hydrogen Project marks a further significant step forward. We are now able to proceed with site clearance and can incorporate the survey data into project design and planning activities".

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Versarien PLC - Cheltenham, England-based engineering materials company - Says Chief Technology Officer Stephen Hodge appointed as new chief executive with immediate effect. Says Executive Director Neill and Founder Ricketts resigns from July 14, and is currently on garden leave. Non-Executive Chair Diane Savry says: "I am very pleased that we are announcing the appointment of Stephen Hodge as Versarien's chief executive officer... I believe he is ideally placed to lead the company as we continue to progress our turnaround strategy and focus on the development and commercialisation of Cementene and Graphene-Wear."

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AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Renews Air Products GmbH collaboration with five-year hydrogen supply deal and lease of Air Product's site at Stade, Northern Germany. Adds that the Stade facility was its preferred site for H-Power Generator factory acceptance testing. Says the deal confirms its commitment to the European hydrogen market, especially in Germany. Chief Executive Adam Bond says: "The repurposing of our Stade facility creates a solid footprint within Germany and the wider EU hydrogen market whilst providing a cost effective path for our H-Power Generator factory acceptance testing programme. The market for zero emission off-grid power generation continues to grow internationally with our Stade facility now set to become a further catalyst in the delivery of H-Power Generators within one of the world's fastest growing hydrogen markets."

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Great Southern Copper PLC - copper-gold exploration company focused in Chile - Identifies up to 3.4% copper in assay results of 33 rock chips at its Abundante prospect in Especularita, Chile. Adds that 60% of samples show grades over 0.5% copper, with 39% over 1% copper. Notes that drone magnetics are currently underway in order to define drill targets. Chief Executive Sam Garrett comments: "We are very pleased to receive our first set of exploration results for the new Abundante prospect at Especularita... We are rapidly achieving our goal at Especularita of generating a pipeline of high-grade copper prospects - Teresita, Victoria, Aurelia and now Abundante - that will become targets for reconnaissance drilling programmes. It is exciting to see that the four prospects identified to date all represent different styles of mineralisation, further highlighting the significant potential of the Especularita Project."

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By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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17 Apr 2024 12:16

Oracle Power passes environmental assessment to develop Pakistan plant

(Alliance News) - Oracle Power PLC on Wednesday announced the successful completion of an environmental & social impact assessment for its Pakistan power plant, allowing the development project to progress.

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11 Apr 2024 16:06

Oracle Power upbeat on study findings at Jhimpir

(Sharecast News) - Oracle Power announced the successful conclusion of the geotechnical study and electrical resistivity survey (ERS) for its planned renewable power plant in Jhimpir, Sindh Province, Pakistan on Thursday.

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11 Apr 2024 12:22

Oracle Power looks to secure funding after study gives green light

(Alliance News) - Oracle Power PLC on Thursday said it had received positive results from a study at one of its renewable power production facilities.

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9 Apr 2024 13:55

Oracle secures option to acquire Blue Rock Valley in Western Australia

(Alliance News) - Oracle Power PLC on Tuesday said it will fully buy the Blue Rock Valley Copper and Silver project in Western Australia from Mining Equities Pty Ltd.

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9 Apr 2024 12:58

Oracle Power enters exclusive option to acquire Blue Rock Valley

(Sharecast News) - Oracle Power announced an exclusive option to acquire 100% ownership of the Blue Rock Valley Copper and Silver Project in the Ashburton Basin in northwest Western Australia on Tuesday.

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27 Feb 2024 17:42

TRADING UPDATES: Windward extends LSEG pact; Vinanz eyes DTC trading

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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27 Feb 2024 15:49

Oracle Power launches two studies at Jhimpir site

(Sharecast News) - Oracle Power announced on Tuesday that, alongside its joint venture company Oracle Energy, it had initiated a geotechnical study and an electrical resistivity survey (ERS) for the proposed renewable power plant site at Jhimpir, in Pakistan's Sindh province.

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19 Feb 2024 18:57

TRADING UPDATES: Coro seals sale terms, Powerhouse makes good progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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19 Feb 2024 15:40

Oracle Power launches environmental assessment for Pakistan project

(Sharecast News) - Oracle Power and its joint venture company Oracle Energy announced the start of an environmental and social impact assessment (ESIA) for their renewable power plant project in Jhimpir, Sindh Province, Pakistan on Monday.

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6 Feb 2024 16:19

IN BRIEF: Oracle Power completes feasibility study on Pakistan project

Oracle Power PLC - international developer of energy projects focused on Pakistan and Australia - Announces completion of technical and commercial feasibility study relating to the proposed hybrid renewable power plant for its green hydrogen and ammonia project in Pakistan. Project is targeting a 400 megawatt capacity facility to produce 55,000 tonnes of green hydrogen annually. Company says the study includes technical assessments and details regulatory and environmental considerations for the construction phase. Claims the project's proposed location in the Sindh province's Thatta district leaves it well-positioned to produce and supply green hydrogen in Pakistan and neighbouring countries.

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6 Feb 2024 12:44

Oracle Power upbeat on study into proposed Pakistan hydrogen project

(Sharecast News) - Oracle Power announced the successful completion of a comprehensive technical and commercial feasibility study on Tuesday, conducted by China Electric Power Equipment and Technology (CET), a wholly owned subsidiary of State Grid Corporation of China (SGCC), along with Shanghai Investigation, and Design and Research Institute (SIDRI).

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29 Jan 2024 11:06

Oracle Power celebrates approval of work programme at Northern Zone

(Alliance News) - Oracle Power PLC on Monday said that a programme of work for drilling has been approved in Australia for a farm-in on the Northern Zone intrusive-hosted gold project.

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15 Jan 2024 14:45

Oracle Power reports solid development progress in fourth quarter

(Sharecast News) - Oracle Power updated the market on its activities during the fourth quarter of 2023 on Monday, reporting significant progress in its development projects.

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15 Jan 2024 14:45

Oracle Power reports solid development progress in fourth quarter

(Sharecast News) - Oracle Power updated the market on its activities during the fourth quarter of 2023 on Monday, reporting significant progress in its development projects.

Read more

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