Page 50 - Field Development Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IN BRIEF: Aminex says Chikumbi-1 well planned to spud in early 2022 Wed, 10th Mar 2021 18:16 Aminex PLC - oil and gas explorer focused on Tanzania - Says it has completed the farm-out agreement with joint venture partner ARA Petroleum Tanzania Ltd which has assumed operating of the Ruvuma PSA, in southern Tanzania. Under the agreement, Aminex is carried for its share of the associated field development costs up to USD35 million, equivalent to gross development expenditure of USD140 million. Companies to deliver new 3D seismic survey to provide information helpful in the final planning of the ...

MONEYWEB app instead? Parliament’s portfolio committee on mineral resources and energy heard this week. By Jan-Jan Joubert 5 Mar 2021  13:48  Image: Shutterstock Cabinet inaction is delaying efforts to merge three Central Energy Fund subsidiaries, Parliament’s portfolio committee on mineral resources and energy heard this week. The plan is to merge PetroSA, SFF and iGas into a new company, thus establishing a national energy champion for South Africa, and such mandate was given by cabinet on June 10 last year. Provisionally, the company is to be called the National Petroleum C...

UK: Reabold Resources announces partial sale of convertible loan notes in Corallian Energy 03 Mar 2021 Reabold Resources, the investor in upstream oil and gas projects, has announced that, further to the Company's announcements of 22 February 2021 and 24 February 2021, it has initiated the sale of a portion of the convertible loan notes (the 'CLN') in Corallian Energy with a principal value of £500,000, to a group of strategic investors, in exchange for cash proceeds of £500,000. Reabold will retain £500,000 principal value of the CLN. The strategic investors have indicated their support...

TRADING UPDATES: Cambria drives on amid virus; Argo crypto mining up Wed, 3rd Mar 2021 20:16 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Cambria Automobiles PLC - franchised motor retailer - Says continued to be hurt by UK Covid-19 restrictions in five months to January 31. Welcomes reopening of car showrooms penned for April but warns will miss out on busiest month of trading in March. Says overall trading performance during five-month period improves amid Covid-19-related cost reductio...

UK: Angus Energy announces Saltfleetby Loan Facility update 22 Feb 2021 AIM-listed Angus Energy has announced, further to the RNS of 30 November 2020 that the Company has received a 'best efforts' expression of commitment in the form of a conditional Mandate Letter, for between £8 and £9 million toward the proposed £12 million Saltfleetby Equipment Finance and Field Development Loan Facility from a major multi-national institution. The Mandate commitment is conditional also on the participation of other institutions and investors for the balance of £3 to £4 million.  The Company has a...