Oil & Gas, Electricity, Renewables, Canadian Exchange, News Releases
KARACHI, PAKISTAN: The construction of K-Electric’s $650 million 900MW RLNG-based Bin Qasim Power Station (BQPS)-III will commence in December. The project has received all required approvals and is part of KE’s planned initiatives resulting in investments of around US$3 billion…
PERTH: Tempus Resources has announced successful completion of due diligence on the acquisition of the high-grade, past producing Blackdome-Elizabeth Gold Project located in British Columbia, Canada. Legal firm Gowling WLG (Canada) LLP and technical specialists SRK Consulting have assisted with…
LIMASSOL, CYPRUS: SeaBird Exploration announced receipt of a letter of intent for the exclusive provision of source vessel services for an OBN survey in the Eastern Hemisphere. The survey is expected to start in Q1 2020, with an approximate duration…
PERTH: AVZ Minerals Limited has notified an equity placement of A$14.1 million to Yibin Tianyi Lithium Industry Co., Ltd through the issue of 314.3 million shares at 4.5 cents per share. Upon completion of the placement, Yibin Tianyi will hold…
VICTORIA: Alliance Resources Ltd has announce that the next phase of reverse circulation (RC) drilling has commenced at the Weednanna Gold Deposit, 40km north of Kimba on the Eyre Peninsula, South Australia. The drilling program consists of 57 RC holes…
LONDON: Ithaca Energy Limited has completed the $2 billion acquisition of Chevron North Sea Limited (CNSL). The transaction provides a material and important step up in the scale and breadth of the Company’s asset base, adding ten additional producing field…
VICTORIA: Kalamazoo Resources Limited has successfully commenced its Stage 1 diamond drilling campaign within EL6679 of the Castlemaine Gold Project. This initial drilling program is designed to test the encouraging results and interpretations of the extensive ground geophysical surveys and…
SYDNEY: Golden Mile Resources Ltd has signed a Binding Terms Sheet to acquire fourteen (14) granted prospecting licences from CGM(WA) Pty Ltd, a wholly owned subsidiary of Chalice Gold Mines Limited. The acquisition of the Prospecting Licences is subject to…
OSLO: DOF Subsea has announced multiple contract awards from undisclosed clients in two important growing regions, Trinidad and US GoM. Skandi Neptune has been awarded a 3-year frame agreement for IMR and light construction services with a major operator in…
SUBIACO: AIC Mines Limited has commenced initial field work at its Lamil Gold-Copper project in the Paterson Province, East Pilbara, Western Australia. The Lamil Project is a conceptual exploration project with a previously unrecognised and untested Telfer look-alike “domal” aero…
SYDNEY: Australia’s Bass Oil Limited has announce that the Bunian 5 well has commenced production testing from the TRM 3 sandstone, one of the two productive oil reservoirs in the well. The well averaged 1128 barrels of oil per day…
SYDENY: Cooper Energy has announced a 10 well appraisal program by the PEL 92 joint venture commenced with the spudding of Callawonga-22 on November 5, 2019. Callawonga-22 is the firstof4appraisal wells to be drilled at the Callawongaoil field, to be…