Development Licence News Today

Twinza Oil have announced that they have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% participating interest in the Pasca A Development Project and for the companies to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea.

Mineral Resources Development Company (MRDC), Twinza Oil and Twinza Oil (PNG) have announced that they have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% Participating Interest in the Pasca A Development Project and for the companies to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea.

Investegate announcements from Ntorya Development Licence Granted

Investegate announcements from Final Results and Annual Report 2023

Aminex has announced that a gas sales agreement (GSA) for the sale of gas from the Ntorya location, with ARA Petroleum and TTPC

Investegate announcements from Aminex PLC, Final Results and Annual Report 2022

When the US Air Force shot down an ‘unidentified object’, it became clear a patchwork community of balloon enthusiasts were now on the radar

Aminex has been informed by ARA Petroleum Tanzania (APT), the Operator of the Ruvuma PSA, of a further delay to the spudding of the Chikumbi-1 well (CH-1). Plans to accelerate gas production have been further developed with the Tanzanian authorities, now targeting October 2023 for production of first gas.

Investegate announcements from Scirocco Energy PLC, Ruvuma Operational Update

A Wirral MP has renewed calls for fracking to be banned as she accused the government of being "reckless with the environment and the health…