focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEDL.L Regulatory News (EDL)

  • There is currently no data for EDL

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Operations Update

6 Jun 2012 09:04

RNS Number : 7739E
Edenville Energy PLC
06 June 2012
 

6th June 2012

 

EDENVILLE ENERGY PLC ("Edenville" or the "Company")

 

Operations Update, June 2012

 

Edenville Energy plc (AIM:EDL), the coal focused African energy exploration and development company, is pleased to announce that last week it's Chairman, Simon Rollason and Managing Director Mark Pryor were invited to the capital city of Dodoma to discuss the Rukwa Coalfield Project ("the Project") and proposed future plans for the advancement of the project with the Prime Minister of Tanzania, Mr Mizengo Pinda (photos on web site).

 

The Prime Minister has closely followed our exploration work with interest and is very supportive of our efforts. Successful development of the Rukwa Coalfields would directly assist the region with the generation of power in the near future thus avoiding the reliance on imported electricity from neighbouring states and/or generator produced power. The coalfield could also potentially provide a source of coal in the region for local industries, such as textile and cement factories.

 

The Prime Minister was greatly encouraged by the advances we have made in the short time the Company has been working on the coal deposits and is looking forward to seeing the future of the region grow with the help of a guaranteed power source.

 

The Prime Minister also facilitated a series of follow-up meetings and presentations with TANESCO, the Tanzania Electric Supply Company Limited, which is a parastatal organization of the Ministry of Energy and Minerals. TANESCO generates, transmits, distributes and sells electricity to Tanzania.

 

Tansheq Consultants, a Dar es Salaam based consulting group associated with the international consulting group, Golder Associates, has been retained by the Company to undertake a Preliminary Feasibility Study ("PFS") and an Environmental Impact Assessment ("EIA") on the Rukwa Coalfield Project. The EIA commenced on 28th May with the registration of the project with the National Environment Management Council ("NEMC"). It is anticipated this study will take approximately 6 months complete.

 

Commenting today Simon Rollason, Chairman of Edenville, said; "This is an important step towards our vision of the Rukwa Coalfield Project becoming the source for a mine-mouth coal-to-power generation facility, providing power to the region of South-West Tanzania. It is very encouraging that we have strong governmental support and will continue establishing early dialogue with key players in the Tanzanian energy sector. With the recently announced resource statement we have the foundation stone from which the Rukwa Project will significantly grow. We look forward to updating our shareholders with progress reports during the course of the 2012 field season."

 

Contact:

Edenville Energy plc

Simon Rollason - ChairmanRakesh Patel - Finance Directorwww.edenville-energy.com

 +44 (0) 20 7099 1940 

ZAI Corporate Finance Ltd

Ray Zimmerman/ Marc Cramsie

+44 (0) 20 7060 2220

Newgate Threadneedle

Grahame Herring/Richard Gotla

+44 (0) 20 7653 9855

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAGMGGVRVZGZZG
Date   Source Headline
11th Jun 20122:53 pmRNSHolding(s) in Company
6th Jun 20129:04 amRNSOperations Update
6th Jun 20128:57 amRNSAnnual Financial Report
31st May 20127:00 amRNSAnnual Financial Report
30th May 20121:52 pmRNSHolding(s) in Company
11th May 20127:00 amRNSOperations update, Tanzania
26th Apr 20127:00 amRNSHolding(s) in Company
19th Apr 20121:22 pmRNSResource Report and Update
19th Apr 20129:45 amRNSHolding(s) in Company
13th Apr 20124:59 pmRNSHolding(s) in Company
11th Apr 20127:00 amRNSHolding(s) in Company
2nd Apr 20127:00 amRNSJORC Resource Estimate -- Mkomolo
27th Mar 20127:00 amRNSJORC Assessment Update
9th Mar 20127:00 amRNSHolding(s) in Company
27th Feb 20121:12 pmRNSHolding(s) in Company
17th Feb 20124:38 pmRNSHolding(s) in Company
15th Feb 20129:37 amRNSDrilling Report
9th Feb 20127:00 amRNSHolding(s) in Company
7th Feb 20123:38 pmRNSHolding(s) in Company
6th Feb 201212:51 pmRNSHolding(s) in Company
6th Feb 20127:00 amRNSHolding(s) in Company
2nd Feb 201211:11 amRNSHolding(s) in Company
2nd Feb 20127:00 amRNSHolding(s) in Company
1st Feb 20127:00 amRNSHolding(s) in Company
31st Jan 20121:07 pmRNSIssue of Equity
13th Jan 20127:00 amRNSHolding(s) in Company
11th Jan 20127:00 amRNSHolding(s) in Company
10th Jan 20127:00 amRNSHolding(s) in Company
4th Nov 20117:00 amRNSOperational Update
28th Oct 20117:00 amRNSHolding(s) in Company
25th Oct 20119:33 amRNSDirector/PDMR Shareholding
11th Oct 20117:00 amRNSHolding(s) in Company
6th Oct 20117:00 amRNSDrilling Report
22nd Sep 20117:00 amRNSInterim Results
7th Sep 20111:26 pmRNSHolding(s) in Company
1st Sep 201111:25 amRNSHolding(s) in Company
30th Aug 20117:00 amRNSRukwa - Results from first Drill Hole
18th Aug 20117:00 amRNSHolding(s) in Company
10th Aug 20119:00 amRNSHolding(s) in Company
8th Aug 20117:00 amRNSHolding(s) in Company
28th Jul 20117:00 amRNSHolding(s) in Company
28th Jul 20117:00 amRNSHolding(s) in Company
26th Jul 201112:57 pmRNSHolding(s) in Company
25th Jul 20117:00 amRNSCommencement of drilling at Rukwa
7th Jul 20117:00 amRNSHolding(s) in Company
6th Jul 201110:52 amRNSHolding(s) in Company
1st Jul 20115:20 pmRNSResult of AGM
29th Jun 201111:16 amRNSHolding(s) in Company
27th Jun 201112:11 pmRNSHolding(s) in Company
21st Jun 20117:00 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.