Wed, 06th Aug 2014 16:35
(ShareCast News) - UK Oil & Gas and its partners in the Horse Hill Developments (HHDL) company drilling for oil close to Gatwick Airport, have applied for planning permission with Surrey County Council for a further round of drilling. The HHDL group, in which AIM peers Alba Minerals, Doriemus, Gunsy
Read more(ShareCast News) - Solo Oil has announced that it was informed on Friday, by the Ruvuma Petroleum Sharing Agreement operator Aminex, that a rig contract has now been signed for the drilling of the Ntorya-2 appraisal well in the Ruvuma basin. The AIM-traded firm said the Carol 2 drilling rig, which i
Read more(ShareCast News) - Solo Oil succeeded in raising £2.0m from an institutional investor. The explorer sold 1,111,111,111 new shares, which were equal to 15.9% of its issued share capital, at a price 0.18p, which were placed with Epsilon Pty. Proceeds from the placing would be used to fund its Ntorya-
Read more(ShareCast News) - The Horse Hill project in Surrey looks like providing a bonanza for the range of AIM-listed companies involved after a near trebling of oil in place estimates to 22.9m barrels per square mile. As announced in March, the final HH-1 test of the upper Portland pay zone flowed at a co
Read more(ShareCast News) - The Oil and Gas Authority has allowed licences at the Horse Hill development in Surrey to continue for another two years, giving a lift to several AIM-listed miners. Solo Oil, Regency Mines and Alba Mineral Resources all said licences PEDL137 and PEDL246 said the OGA had converted
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